2024-02-13 00:07:52
This is a real feat that the government of Assimi Goïta has just achieved in Mali. More than 21 billion FCFA were mobilized on the WAMU financial market.
This is an achievement to the credit of the General Directorate of the Treasury and Public Accounting.
According to the Malian authorities, “this operation took place at the end of an auction issue of assimilable treasury bonds (BAT) with a duration of 364 days and assimilable treasury bonds (OAT) of 3 years and 5 years” .
UMOA-Titres explains that: “the Public Treasury of Mali had put 25 billion FCFA up for auction. This auction was listed with global bids from investors of 25.461 billion FCFA, giving a coverage rate of the amount put up for auction of 101.85%.
Furthermore, specifies UMOA-Titres, “the amount of tenders accepted amounts to 21.934 billion (taken mainly from 3-year bonds and bonds) and that rejected to 3.527 billion.
Which gives an absorption rate of 86.15%. However, investors whose bids were successful will find themselves with a weighted average yield of 8.93% for bonds, 9.84% for 3-year bonds.
It should be noted that “the vouchers are redeemable on the first business day following the maturity date set at February 5, 2025”.
As for their interests, they are payable in advance and deducted from their nominal value.
In Mali, this exploit of the Government of Assimi Goïta on the financial market is welcomed by economists.
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