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Mali Raises $98.6 Million via Government Bond Issue
Initially set at $90 million , the bond issue was increased by the Malian Ministry of Economy and Finance in response to record demand of $155 million.
The main investors are from:
🇧🇫 Burkina Faso
🇬🇼 Guinea-Bissau
🇨🇮 Côte d’Ivoire
🇸🇳 Senegal📊 Yields by maturity are as follows:
• 5.12% for 1 year
• 7.9% for 3 years
• Slightly over 8% for 5 and 10 yearsThe funds will be used to support the state budget and infrastructure projects.