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Mali launches bond loan to raise 200 billion FCFA

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Mali has launched a bond issue called "State of Mali 6.20% 2022-2032" to raise the amount of 200 billion FCFA on the financial market of the West African Economic and Monetary Union (UEMOA) .

The subscription period for this loan runs from August 15 to 31, 2022, however with the possibility of early closing.

According to the authority, this operation, the subscription price of which is 10,000 FCFA, is remunerated at an interest rate of 6.20% per year.

This operation, moreover, specified the document, consists of the issue of "20 million bonds with a nominal value of 10,000 FCFA each".

At the beginning of August, it will be recalled, the Malian treasury had launched a bond loan of 270 billion FCFA to clear the arrears of payment of its debt.

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Mali launches bond loan to raise 200 billion FCFA

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