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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAt the end of its issue by auction of assimilable treasury bonds (BAT) with a maturity of 91 and 182 days, the State of Côte d'Ivoire, through its General Directorate of Treasury and Public Accounting, raised on 29 June 2021 an amount of 51.002 billion FCFA on the financial market of the West African Monetary Union (UMOA).
Of the amount of the bids, the issuer retained only 51.002 billion FCFA and rejected the remaining 18.500 billion FCFA, ie an absorption rate of 73.38%. The resources retained are intended to cover the financing needs of the State budget of Côte d'Ivoire. The weighted average yield was 2.55% for 91-day BAT. On the other hand, the weighted average rate and the marginal rate are respectively 2.53% and 2.55%. Reimbursement of the warrants issued will take place on the first working day following the due date set at September 28, 2021 for 91-day BAT and December 28, 2021. Interest is, for the two securities issued, payable in advance and deducted on the nominal value of the vouchers which is one million FCFA. Regarding the 182-day BAT, their weighted average yield was 2.62%. As for the weighted average rate and the marginal rate, they stand respectively at 2.58% and 2.60%.
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