Togo successfully raised 25.7 billion FCFA in the regional financial market of the West African Monetary Union (WAMU) through a simultaneous issuance of Assimilable Treasury Bonds (OAT) and Assimilable Treasury Bills (BAT) on Monday, March 3, 2025. The initial target for this operation was 25 billion FCFA.
As reported by Umoa-titres, the operation attracted participation from four investors, resulting in total bids amounting to 25.7 billion FCFA, which reflects a coverage rate of 103.17%.
Specifically, Togo secured 22.7 billion FCFA from OATs with maturities of 361 days and 3 years, offering interest rates of 5.50% and 5.70%, respectively. The remaining 3 billion FCFA was raised through BATs with a maturity of 211 days, featuring various interest rates.
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These funds will be allocated to support the Togolese budget for the 2025 fiscal year, which totals 2,397 billion FCFA. This latest mobilization brings Togo’s cumulative fundraising to 113.7 billion FCFA, against an annual target of 332 billion FCFA.
