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Ivory Coast raises $240mn in regional bond sale as yields climb

Adjamé Market, Abidjan, Ivory Coast. Photo by Eva Blue @ Unsplash
Adjamé Market, Abidjan, Ivory Coast. Photo by Eva Blue @ Unsplash

Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • Ivory Coast exceeds target in latest WAEMU auction, raising $240 million
  • Short-term yields rise sharply, reflecting refinancing pressures ahead of heavy maturities

 

ABIDJAN, IVORY COAST – Ivory Coast raised $240 million in a regional bond auction exceeding its target, underscoring strong investor demand and growing concerns over short-term refinancing risks.

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