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

Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
Ethiopia seals landmark debt restructuring and €81.5mn French support
Read More »
Gold bars. Photo by Zlaťáky @ Unsplash
Africa’s collateral economy: How gold, cocoa and copper are reshaping frontier bonds
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
WAEMU sovereign borrowing shifts to longer-term bonds as issuance doubles
Read More »

Recent Politics

Burundi’s President Évariste Ndayishimiye. Photo: Présidence - République du Burundi/Facebook
African Union elects Burundi’s Ndayishimiye as 2026 chair
Read More »
Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »

Latest Posts

Latest news insights