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Mali defies political risk with oversubscribed $73mn WAEMU bond sale

Bond trading. @ Unsplash
Trading on the bond market @ Unsplash
  • Mali exceeds $70mn target with 103% subscription
  • Local investors dominate for first time

 

BAMAKO, MALI – Despite geopolitical strain and economic headwinds, Mali raised $73 million on the regional debt market, beating its $70 million target amid strong demand from investors.

The Malian treasury said it achieved a 103.13% coverage rate in its latest operation on the WAEMU public securities market, a signal of resilient appetite for government paper despite continued political uncertainty and security risks.

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