The National Directorate of Treasury and Public Accounting of Mali, proceeded Wednesday, August 4, to the simultaneous issuance of Recovery Bonds (OAT). The amount sought, ie 50 billion FCFA, was retained at the end of an operation covered up to 318.36%.

Subscriptions to this first intervention by Mali, in August 2021, far exceeded the amount sought, leaving the possibility for the organizers to increase the amount retained. But these preferred to stick to the initial amount in the auction, i.e. 50 billion FCFA, which will be paid into the accounts of the Malian public treasury, in order to allow the Malian State to meet its financial commitments. . It should be remembered that, according to the call for tenders published by the UMOA-Titres agency on its website, this issue has a duration of 3 to 10 years, with a varying interest rate. At its term, the weighted average return was 4.95% – 6.18%. The redemption of these bonds will take place on the first business day following the maturity date (bullet redemption). Interest will be paid at a rate of 5.60% per year, from the first year.

Intended to strengthen the resilience and recovery capacity of the post-Covid-19 country, this simultaneous issuance of Recovery Bonds once again confirms Mali's good signature with investors in the sub-regional market, which are the establishments of credits, management and intermediation companies as well as financial organizations with an account at the Central Bank.