2024-05-13 11:11:00
The amount of bids accepted is 33 billion FCFA and that rejected is 21.366 billion FCFA. Which corresponds to an absorption rate of 60.70%. The successful bids mainly come from 91-day bills and bonds. Investors who have had their bids accepted will find themselves with a weighted average return of 6.60% for bonds and 7.94% for bonds.
Reimbursement of the bonds will take place on the first working day following the maturity date set at August 11, 2024. Interest will be paid in advance and deducted from their nominal value.
Concerning the repayment of the capital of the bonds, it will be done on the first working day following the maturity date set at April 30, 2027. As for the payment of interest on these bonds, the issuer has undertaken to do so annually on the basis of the fixed interest rate of 6.15% from the end of the first year.
According to the Togolese Public Treasury, on the next coupon payment date on April 30, 2025, all subscribers will receive a full coupon regardless of the time of acquisition of the securities. On this basis, subscribers to this second tranche will have to pay in addition to the price (accrued coupon foot), an accrued coupon rate of 0.219041% which allows them to be entitled to a full coupon on April 30, 2025.
Adou FAYE
1715602907
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