Togo raised 16.5 billion FCFA on the regional financial market of the West African Monetary Union (WAMU), following an issue of Assimilable Treasury Bonds (BAT) closed this Friday, February 21, 2025. The country mobilized these resources while it was looking for 15 billion FCFA.
According to the report published by Umoa-titres, this operation recorded the participation of 17 investors who proposed total submissions of 39.3 billion FCFA, i.e. a coverage rate of 262.09%.
The funds collected on securities issued with a maturity of 91 days, with a multiple interest rate, will be used to finance the Togolese budget for the 2025 financial year, which stands at 2,397 billion FCFA.
See more: Togo Launches Teledermatology Initiative for Rural Communities.
As a reminder, this year, Togo has already raised 88 billion FCFA on the financial market, or 26% of its annual target set at 332 billion FCFA.
