new bonds from Senegal admitted to BRVM listing

by time news

2023-08-25 03:13:34

The Regional Stock Exchange (BRVM) admitted to its listing, Wednesday, August 23, 2023, three new bond securities of the State of Senegal. Issued on the financial market in March 2023, these securities made it possible to mobilize 204.86 billion FCFA and constitute Senegal’s first simultaneous issue on the WAEMU Regional Financial Market.
Bidossessi WANOU
With the three Bond issues by Public Call for Savings “STATE DU SENEGAL 6.00% 2023-2028”, “STATE DU SENEGAL 6.15% 2023-2030” and “STATE DU SENEGAL 6.35% 2023-2033” issued on the financial market in March 2023 under the symbols EOS.O9, EOS.O10 and EOS.O11 and which made it possible to mobilize 204.86 billion FCFA, Senegal signed its comeback in listing on the BRVM. It is indeed the very first simultaneous issue of the State of Senegal on the WAEMU Regional Financial Market. This series marks the gradual return of Senegal after a long lull due to the difficulties experienced by the financial market at the beginning of the year. This is a performance hailed by the Director General of the BRVM, Dr. Edoh Kossi Amenounve. By seizing the opportunity of the first listing ceremony for these securities, he reaffirmed the BRVM’s desire to support the States and companies of the Union in their development through innovative products and services in step with technology. that promote access to the market at lower cost. The DG BRVM in his speech recalled that the regional financial market was designed as an instrument for diversifying the sources of financing of the States, public and private companies which makes it possible to mobilize local resources in FCFA and to remunerate the savings of investors. institutions and individuals. As for the simultaneous bond issue of the State of Senegal, it should be noted that it was conducted on the WAEMU Regional Financial Market by the Management and Intermediation Companies (SGI) Invictus Capital Finance, arranger and lead manager, Finance Gestion et Intermédiation (FGI) and Africabourse, co-lead manager.

171 Total Views, 4 Views Today

QA August 25, 2023

#bonds #Senegal #admitted #BRVM #listing

You may also like

Leave a Comment