Togo plans to raise FCFA 332 billion in 2025 on the regional public securities market, down 45 % on the previous year's FCFA 607 billion.
This sum will help finance part of a government budget of 2,397 billion FCFA.
The country has launched an invitation to tender to raise FCFA 20 billion in the form of Bons Assimilables du Trésor (BAT) and Obligations Assimilables du Trésor (OAT).
BATs, with a 364-day maturity, will have multiple interest rates, while OATs, with a three-year maturity, will offer a rate of 6.25 %.
The operation closes on January 10, 2025. In 2024, Togo raised a total of 638.5 billion FCFA.
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