The Malian government has successfully secured 38.2 billion CFA francs through a Treasury bill and bond auction organized by UMOA-Titres, surpassing its initial target of 35 billion CFA francs. The operation featured three financial instruments: 364-day Treasury Bills (BAT), 3-year Treasury Bonds (OAT), and 5-year OATs.
Investor interest was strong, with total bids reaching 38.3 billion CFA francs, achieving a coverage rate of 109.41%. The 364-day BATs raised 16.6 billion CFA francs with a weighted average yield of 9.40%, while the 3-year and 5-year OATs raised 13.8 billion and 7.7 billion CFA francs respectively, both at a fixed rate of 6.35%.
The auction attracted a wide range of regional investors, including 17 participants in Treasury bills, 12 in 3-year bonds, and 4 in 5-year bonds.
Mali led the subscription with 24.9 billion CFA francs, followed by Burkina Faso (3.5 billion), Côte d’Ivoire (2.6 billion), and Benin (1.6 billion).
With maturities ranging from May 2026 to May 2030, the operation allows the Malian Treasury to optimize its debt profile and meet the varied needs of the regional market.
The funds raised will support Mali’s state budget and contribute to its ongoing economic and social development efforts.
