Umoa-Titres has launched a call for tenders for OdR* (Stimulus Bonds) of the Togolese Treasury. The issuance by auction will take place on Friday.
This issue aims to enable the issuer to mobilize the savings of natural and legal persons in order to cover the financing needs of the State budget within the framework of these economic recovery plans in order to contain the effects of the COVID-19 pandemic and reconnect with pre-health crisis performance.
The amount put up for auction is 25 billion CFA francs.
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* Maturity of 5 years; interest rate 5.75%
