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Ivory Coast debt sale hit as election tensions spook investors

Happy Ivorian citizens on the street. Photo by Yanick Folly @ Unsplash
Happy Ivorian citizens on the street. Photo by Yanick Folly @ Unsplash

Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • Treasury raises less than target as one-year yields near 7%
  • Exclusion of opposition leaders drives caution in bond market

 

ABIDJAN, IVORY COAST – Ivory Coast missed its 40 billion CFA franc ($65 million) target in a regional debt auction this week as investors demanded higher premiums on short-term paper.

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