Ivory Coast launches bond issue of approximately $ 179 million



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The Ivorian state started this Monday, July 16, a public offering of an amount of 100 billion CFA francs, or nearly $ 179 million to finance investments planned for the budget. 2018.

The operation to be carried out by the public treasury will run until 26 July, and will be remunerated at a rate of 6% over a period of eight years (2018-2026), with a constant annual amortization of capital with two years of deferral.

According to the note of the public treasury, the subscription period, for a period of 10 days, may be shortened, extended or moved at the discretion of the issuer, after consulting the Regional Council of Public savings and financial markets (CREPMF).

Note that the issue price of the bond is fixed at 10,000 CFA francs, payable in one go on the date of subscription to the counters of the Companies of management and intermediation (SGI) the UEMOA, treasuries and central accounting agencies of Deposits (ACCD) on the national territory.

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