Mali successfully raised 13.155 billion FCFA (approximately €20 million) in a bond auction on the West African Economic and Monetary Union (UMOA) financial market, out of an initial target of 25 billion FCFA (approximately €38 million). However, total bids only reached 18.155 billion FCFA (approximately €27.7 million), with limited investor interest in the 5-year bonds, resulting in a coverage rate of 74.62%. The absorption rate stands at 70.52%, with 5.5 billion FCFA (approximately €8.4 million) of bids rejected. The Treasury has committed to repaying the Treasury bonds (BAT) on October 29, 2025, with interest payments at a rate of 6.15% starting from the end of the first year.
Tags: #Mali #FinancialMarket #UMOA #Bonds #PublicTreasury #Investment
