Togo plans to raise 20 billion CFA francs on the UMOA (West African Economic and Monetary Union) public securities market on Thursday, May 5. The Public Treasury has launched an issue of fungible Treasury Bills (BAT) for this purpose.
According to details released by Umoa-Titres, the securities will be issued with a maturity of 182 days and a nominal value of 1,000,000 CFA francs. They will be remunerated at multiple rates.
The expected funds will contribute to financing the national budget for the 2025 fiscal year, which is balanced at 2,397 billion CFA francs in revenue and expenditure.
Since the beginning of the year, Togo has raised 209.5 billion CFA francs on the regional market, representing approximately 63% of its annual target of 332 billion CFA francs.
