Search

Côte d’Ivoire Raises CFAF 454 Billion in Record WAEMU Debt Auction

© Pexels
  • Issue oversubscribed at 105.6 % despite modest rise in yields
  • Abidjan retains credibility premium over regional peers Mali and Burkina Faso

Abidjan ,Côte d’Ivoire – Côte d’Ivoire’s Treasury collected CFAF 454.2 billion (€740 million) on 22 April, completing the largest single-day fundraising in its history on the West African Economic and Monetary Union market. The operation, which had sought CFAF 430 billion, drew CFAF 530 billion in bids and was fully absorbed, data from UMOA-Titres show.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Can Ghana cut rates again? Inflation risks return
Read More »
Miners on the field. Photo by Malama Mushitu @ Pexels
Beyond the 37: The big money behind Nigeria’s illegal mining
Read More »
Gridlock at Ijora, Lagos, Nigeria. Photo by Dami Akinbode @ Unsplash
Nigeria’s inflation barely moves. Is disinflation finally real?
Read More »

Latest Posts

Latest news insights