UMOA: Mali will mobilize CFAF 910 billion on the financial market in 2021

In Mali, the National Directorate of the Treasury and Public Accounts officially launched on Tuesday March 23, the schedule for issuing government securities for the year 2021. According to Alousséni Sanou, Malian Minister of the Economy and Finance , the amount of securities to be issued by the public treasury amounts to around 910 billion CFA francs (1.4 million euros).

This amount is broken down as follows: 170 billion FCFA (261 538 461 euros) of treasury bills 740 billion FCFA (1.138 million euros) of treasury bonds. “The State of Mali, through the National Directorate of the Treasury and Public Accounts, issues public securities on the regional financial market, with the support of the UMOA-Titles Agency and management and intermediation companies” hear, Alousséni Sanou, in the presence of the director of the UMOA-Titles Agency, Adrien Diouf, and the director of the Treasury and Public Accounting, Sidi Almoctar Oumar. Before adding that the Malian state intervenes in the regional financial market, with a view to raising resources to finance its economy.

The provisional amount to be raised by the Treasury and Public Accounts of Mali in 2021 will be mobilized through 22 issues of public securities, i.e. one issue every two weeks with a nominal amount of between 25 and 80 billion FCFA. And two bond issues by public offering of FCFA 180 billion. In addition, the State of Mali will make capital repayments of approximately CFAF 394 billion for the year 2021.

It should be noted that the public treasury of Mali, through the support of technical and financial partners, has appropriately mobilized more than FCFA 906 billion on the regional financial market, through 22 issues of public securities in 2020.

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