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.

Recent Business

Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Ghana cuts interest rates to 14% as inflation falls and growth strengthens
Read More »
Busy airport. Photo by Duc Van @ Unsplash
Africa tops global airline accident rates despite improved safety
Read More »
Overview of the Central Business District in Gaborone, Botswana. Photo by Justice Hubane @ Unsplash
Botswana inflation eases to 4.0% in February
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights