Mali’s Treasury has raised 60.33 billion FCFA through an auction of treasury bills and bonds organized by the UMOA-Titres Agency, surpassing its initial target of 55 billion FCFA.
Investor demand reached 70.91 billion FCFA, representing a 128.93% coverage rate, with 10.58 billion FCFA in bids rejected.
The auction included a 364-day treasury bill, a three-year bond with a 6.00% interest rate, and a five-year bond offering 6.20%.
The three-year bond attracted the highest demand, securing 42.33 billion FCFA from accepted bids at a weighted average yield of 7.87%, while the 364-day bill raised 16.01 billion FCFA at 4.52%.
The five-year bond received a single bid of 2 billion FCFA, which was fully accepted at a 7.31% yield.
Malian investors accounted for the largest share of subscriptions, followed by investors from Burkina Faso, Benin, Côte d’Ivoire, Guinea-Bissau and Senegal.
The auction recorded an overall absorption rate of 85.08%, with settlement scheduled for July 9, 2026.
