Côte d’Ivoire mobilized 109.999 billion CFA francs during a Treasury bills and bonds auction held on August 19, 2025, by Umoa-Titres.
The operation, which initially targeted 100 billion CFA francs, recorded total bids of 131.053 billion CFA francs, reflecting an oversubscription rate of 131.05%.
The issuance covered four tranches of instruments ranging from 364-day bills to 7-year bonds, with fixed rates between 5.45% and 5.95%. The value date for these securities is set for August 20, 2025.
Investor participation was overwhelmingly domestic, with Côte d’Ivoire accounting for over 97% of total submissions at 127.75 billion CFA francs, while only Benin and Mali contributed modestly.
Weighted average yields ranged from 6.61% to 7.42%, in line with market conditions.
With an absorption rate of 83.93%, the auction underscores the Ivorian government’s continued capacity to draw on regional savings to meet its financing needs.
