WAMU Securities: Togo seeks CFA30 billion for its second issue in Q2 2022

Public finance
Tuesday, 26 April 2022 17:30
WAMU Securities: Togo seeks CFA30 billion for its second issue in Q2 2022

(Togo First) - Next Friday, April 29, Togo will carry out its second issue on the WAMU money market this month, and this quarter as well. For this operation, the country will try to secure CFA30 billion. 

Lomé, according to the schedule published by the WAMU-securities agency, will issue recovery bonds (Odr) with a maturity period of 120 months, i.e. 10 years, and an interest rate of 5.9%.

A few days ago, on April 15, Togo successfully completed its first issue on the WAMU market this quarter. It secured CFA32 billion or CFA2 billion more than its target.

Adding the proceeds of its latest issue, Togo was able to mobilize CFA192 billion on the regional market so far into the year.

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