On April 16, Togo will proceed to a triple issue of fungible treasury bonds, with a mobilization target of CFA75 billion.

The respective maturity periods of the bonds that will be issued are five years (60 months), seven years (84 months), and 10 years (120 months). The proceeds, according to UMOA-securities, will be used to restart the economy post-Covid.

For more information, please see https://www.togofirst.com/en/public-finance/0904-7629-togo-to-conduct-three-simultaneous-treasury-bond-issues-next-week-to-raise-cfa75-billion