The UMOA-Titres Agency announced on November 30, 2020, that the Treasury of Côte d’Ivoire has decided to postpone until December 8, 2020, the simultaneous issues of Assimilable Treasury Bonds (OAT), with maturities of 3 years and 5 years initially scheduled for December 1 and 22, 2020.
According to the institution based in Dakar (Senegal), the new issue will have an indicative amount of CFAF 50 billion (approximately USD 91.5 million) and the characteristics will be communicated “later”. “In the name of the Public Treasury of Côte d’Ivoire, the Agency thanks all the investors for the constant support for the initiatives of financing of the actions of development of the Union”, one reads in the press release announcing this redevelopment, and which does not give the reasons.
On November 13, 2020, the country announced the postponement of two broadcasts initially scheduled for November 17 and 24, 2020.
It should be noted that Côte d’Ivoire will be on the public securities market on December 7 to try to raise some 110,000 million CFA francs as part of phase 4 of the Covid-19 vouchers. In the meantime, Abidjan is on the market this Monday, November 30 to mobilize 200 billion in this same framework.
