At the end of a simultaneous auction of treasury bills (BAT) with a maturity of 364 days and treasury bonds (OAT) with maturities of 3, 5, and 7 years organized on Tuesday, October 20, 2026 at the West African Monetary Union (UMOA) financial market, the State of Ivory Coast, through its General Directorate of Financing (DGF), awarded 93.499 billion CFA francs (159 million dollars).
The amount put up for auction by the issuer was 85 billion CFA francs. In response, investors submitted a total of 138.586 billion CFA francs, representing a coverage rate of 163.04% of the amount put up for auction.
Of the total amount of submissions, the DGF retained 93.499 billion CFA francs and rejected the remaining 45.087 billion CFA francs, representing an absorption rate of 67.47%.
The weighted average yield was 3.89% for BAT, 6.37% for 3-year OAT, 7.03% for 5-year OAT, and 7.18% for 7-year OAT.
For BAT, the DGF will repay the principal on the first working day following the maturity date set for October 19, 2027. Interest is payable in advance and pre-computed on its face value of one million CFA francs.
As for the repayment of the principal of the OAT, it will occur on the first working day following the maturity date set for October 21, 2029 for 3-year bonds, October 21, 2031 for 5-year bonds, and October 21, 2033 for 7-year bonds.
Interest will be paid at a rate of 5.20% for 3-year OAT, 5.45% for 5-year OAT, and 5.70% for 7-year OAT, starting from the end of the first year.
As of October 19, 2026, the total amount of public securities issued by Ivory Coast in 2026 amounts to 4.019 trillion CFA francs, which is 38.33% of the total volume of issuances by the 8 UMOA countries, totaling 10.485 trillion CFA francs. The amount of capital repaid by Abidjan stood at 3.037 trillion CFA francs, with interest payments amounting to 283 billion CFA francs.
