Search

Ivory Coast raises $260m in first post-Eurobond local sale

Allen dreyfus Logo
© Allen Dreyfus
  • Over 75% of funds raised came from a 7-year bond at sub-7% yield
  • Total regional debt issuance this year tops $2.8bn

Ivory Coast raised nearly XOF 154 billion ($259.6 million) Tuesday in its first domestic debt auction since launching its $1.75 billion Eurobond and a landmark XOF 220 billion FCFA-denominated international bond with a three-year maturity, placed primarily with European investors.

You need an active subscription to continue reading this article.

Recent Business

rohan-reddy-pMJPkwBqNTs-unsplash
Can Africa’s $6bn tourism pact with the UAE spark a new economic revolution?
Read More »
A factory worker on site. Photo @ Unsplash
Is Nigeria’s rate cut too little, too late to save its factories?
Read More »
taslim-khan-Sd8-wZmee8M-unsplash
Rwanda’s $567mn trade with Tanzania hit by post-election chaos
Read More »

Recent Politics

Street market in Kaduna, Nigeria. Photo @Pexels
Trump’s military threat over ‘Christian genocide’ splits Nigeria
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Tanzania’s Samia Suluhu faces legitimacy test after disputed landslide
Read More »
Donald Trump, US President @ Pixabay
Trump threatens military action in Nigeria over Christian killings
Read More »

Latest Posts

Latest news insights