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Umoa-Titres: Togo targets FCFA 20 billion for its next issue

HomeEconomyUmoa-Titres: Togo targets FCFA 20 billion for its next...
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Togo is set to carry out a new operation on the West African Monetary Union's public securities market (Umoa-Titres) on Friday May 9.

The aim is to raise FCFA 20 billion through the issue of Bons Assimilables du Trésor (BAT).

These securities will have a face value of 1 million FCFA, with maturities of 182 and 364 days, and will be offered at multiple interest rates.

To date, the country has already raised FCFA 165.5 billion, reaching almost half of its annual target of FCFA 332 billion.

Julien SEGBEDJI
Julien SEGBEDJI
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