Economy

Togo to auction 6-month CFA 25 bln bond on March 16

Date: Mar 7, 2016

Togo will issue a 25 billion CFA franc ($41.78 million) six-month bond on March 16, West Africa's regional debt planning agency said on Monday.

The bond, with a multiple rate, will be sold in units of one million CFA francs to investors across the eight-nation CFA franc currency zone via an auction organised by the Central Bank of West African States, a statement distributed by UEMOA-Titres said.($1 = 598.4000 CFA francs)

--reuters--

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