RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

WAMU financial market: Côte d'Ivoire raises FCFA 33 billion in stimulus bonds

30/09/2021
Categories: Index/Markets

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

At the end of its simultaneous issue of 5-year and 10-year Treasury stimulus bonds (ORD) organized in partnership with Dakar-based UMOA-Titres, Côte d'Ivoire raised FCFA 33 billion on 28 September 2021.

After the auction, WAMU-Securities received CFAF 97.150 billion of global bids from investors out of a total amount put up for auction of CFAF 30 billion. The coverage rate of the amount put up for auction is thus 323.83%. Out of the global amount of bids, the issuer retained 33 billion FCFA and rejected the remaining 64.150 billion FCFA, i.e. an absorption rate of 33.97%. The redemption of the issued bonds will take place on the first working day following the maturity date fixed at September 29, 2026 for the 5-year OATs and at September 29, 2031 for the 10-year OATs. Interest will be paid annually from the end of the first year at an interest rate of 5.60% for 5-year OATs and 5.85% for 10-year OATs. The purpose of issuing ODRs is to enable the issuer to mobilize the savings of natural and legal persons in order to cover the financing needs of the State budget.

Provided by AWS Translate

0 COMMENTAIRE