UMOA Financial Market: Mali Raises 60.333 Billion CFA Francs
In Mali, the General Directorate of the Treasury and Public Accounting carried out a significant operation on Wednesday, July 8, 2026, raising an impressive 60.333 billion CFA francs on the WAEMU financial market. This operation resulted from a simultaneous issuance by auction of Treasury bills with a maturity of 364 days, as well as Treasury bonds with maturities of 3 and 5 years. The initiative was conducted in collaboration with UMOA-Titres, a key institution in the management of public securities in the region.The issuer initially offered 55 billion CFA francs for auction, but investor enthusiasm was such that total bids reached a remarkable 70.910 billion CFA francs. This reflects sustained interest and increased confidence among market participants in Mali’s public debt instruments. The coverage rate of the amount offered reached 128.93%, illustrating strong demand for these securities.
As part of this auction, the Malian Treasury retained 60.333 billion CFA francs, while 10.577 billion CFA francs in bids were rejected. This result translates into an absorption rate of 85.08%, indicating effective resource management and the country’s ability to meet its financing needs while maintaining investor confidence. This operation marks an important milestone in the Malian Treasury’s financing strategy, strengthening its position on the regional market and its capacity to mobilize funds to support economic development.
Investors whose bids were accepted will benefit from a weighted average yield of 4.52% for the bills, 7.87% for the 3‑year bonds, and 7.31% for the 5‑year bonds, demonstrating the attractiveness of these financial instruments on the market. These carefully calculated yields reflect not only the solidity of the projects financed but also investor confidence in the issuer’s management of funds.
The issuer, in a spirit of transparency and commitment, intends to repay the bills on the first business day following the maturity date, set for July 7, 2027. This repayment will be accompanied by interest payments, which will be paid in advance and deducted from the nominal value of the bills, thus guaranteeing investors an immediate and secure return on investment.
Regarding the repayment of the bond principal, the Malian Treasury plans to proceed on the first business day following the maturity dates, set for July 9, 2029 for the 3‑year bonds and July 9, 2031 for the 5‑year bonds. Interest will be paid annually, at a rate of 6.00% for the 3‑year bonds and 6.20% for the 5‑year bonds, starting at the end of the first year.
This repayment and interest‑payment structure aims to reassure investors about the sustainability of their investments while supporting Mali’s economic development through stable and predictable financing.
By: Mariam KONE – Croissanceafrik & The Charilogone Editorial Team
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