Togo : CFA 30 Billion Targeted on the WAEMU Market

Togo plans a new issuance of Treasury Bonds (OAT) on the West African Economic and Monetary Union (WAEMU) market on April 17, 2026. The operation aims to raise CFA30 billion to finance its 2026 budget, estimated at CFA2,751 billion. The bonds will have maturities of 3, 5, and 7 years, with expected interest rates ranging between 6.15% and 6.50%. This marks the country’s second intervention on the market in the second quarter of 2026, after already mobilizing CFA33 billion. Togo has so far raised a total of CFA82.5 billion, representing 18% of its annual financing target of CFA463 billion.

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