The State of Mali will repay, on July 12, 2025, a debt of 27.824 billion CFA francs (50.084 million dollars) from its bond loan called “State of Mali 6.50% 2019-2027”.
In order to mobilize resources for the financing of certain investments planned in the 2019 budget, the State of Mali, through the National Treasury and Public Accounting Directorate, issued this bond loan.
The securities were offered to the public from June 25 to July 5, 2019 at a price of 10,000 CFA francs. At the end of this operation, 11,642,101 State of Mali 6.50% 2019-2027 bonds had been subscribed for a total amount of 116.421 billion CFA francs.
The interest start date was set for July 12, 2019.
The loan had a duration of 8 years, with an interest rate of 6.50%. The issuer committed to repay the principal through annual amortization in equal installments, after three years of deferred payments.
From July 12, 2020 to July 12, 2024, the Malian authorities have fully honored their commitment.
