The Malian government has successfully raised 38.2 billion CFA francs in a regional debt auction organized by UMOA-Titres, surpassing its initial goal of 35 billion CFA francs. The auction, held to support Mali’s 2025 state budget and development programs, featured a mix of 364-day Treasury Bills (BATs) and 3- and 5-year Treasury Bonds (OATs). Investor response was strong, with total subscriptions reaching 38.3 billion CFA francs, reflecting a coverage rate of 109.41%. The BATs attracted 16.6 billion CFA at a weighted average yield of 9.40%, while the 3-year and 5-year OATs raised 13.8 billion and 7.7 billion CFA francs, respectively, both at a fixed yield of 6.35%.
A total of 17 investors subscribed to the BATs, 12 to the 3-year bonds, and 4 to the 5-year bonds, with participants from across the West African Monetary Union. Mali led the subscriptions with 24.9 billion CFA, followed by Burkina Faso (3.5 billion), Côte d’Ivoire (2.6 billion), and Benin (1.6 billion).
Maturities span from May 2026 to May 2030, aligning with Mali’s goal to optimize its debt structure while maintaining strong engagement with regional capital markets. The proceeds will fund key government initiatives in infrastructure, social programs, and economic recovery.
