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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFor its first exit on the financial market in 2022, Togo recorded a stroke of success with an issue of 27.5 billion CFA francs.
Togo raised more funds than expected. After a prosperous year 2021 (557 billion FCFA mobilized), Togo was back last Friday on the regional financial market. The operation aimed to raise, via an issue of Bonds Assimilables du Trésor (BAT), an amount of 25 billion FCFA. For this first outing, investors have once again reiterated their confidence, with more than 77 billion FCFA in bids, i.e. a coverage rate of more than 300%. The Treasury finally retained only 27.5 billion. The bonds, with a nominal value of 1 million FCFA, have a maturity of 06 months.
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