Umoa-Titles: Togo Seeks to Raise 15 Billion FCFA

On Friday, February 21, Togo will conclude a new operation led by the Umoa-titres agency on the public securities market of the West African Monetary Union. By issuing Treasury Bonds (BAT), the nation hopes to raise 15 billion FCFA.

Bonds with a nominal value of one million FCFA, a three-month maturity, and various interest rates will be used to raise these funds. They will participate in the financing of the 2,397 billion FCFA 2025 budget.

Read more: Ouro-Koura Agadazi, new ambassador from Togo to France

To refresh your memory, the nation has already raised 71.5 billion FCFA this year and intends to raise 332 billion FCFA on the regional financial market.

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