Mali Secures 43 Billion CFA Francs, Exceeds Target in WAEMU Market Fundraising

Mali Secures 43 Billion CFA Francs, Exceeds Target in WAEMU Market Fundraising

The Malian transitional government raised 43 billion CFA francs on the West African Economic and Monetary Union (WAEMU) market on Wednesday, surpassing its initial target of 40 billion CFA francs.

The UMOA-Titres Agency conducted the operation, which saw strong investor demand, underscoring Mali’s appeal to regional investors.

The funds were raised through three instruments:

A 12-month Treasury Bond (BAT) with a marginal rate of 8.90% and a weighted average rate of 8.8341%.

A 3-year Treasury Bond (OAT) with a 6.15% yield.

A 5-year Treasury Bond (OAT) with a 6.35% yield.

This achievement aligns with WAEMU’s broader goal of mobilizing 2,600 billion CFA francs in the second quarter of 2025.

The Central Bank of West African States (BCEAO) projects regional economic growth of 6.9% in 2025, driven by the recovery of extractive and industrial sectors.

For Mali, this success signals investor confidence, but also underscores the need for fiscal discipline and macroeconomic stability to sustain market trust.

 

© WAVN