Cote d’Ivoire: Ivory Coast Issues a 20-Year Bond, a First for the Region

Côte d’Ivoire issued a 20-year Obligation Assimilable du Trésor (OAT) on the West African Monetary Union (UMOA) government securities market. The issuance took place on Tuesday, October 6, 2026. This marks the first time an issuer from the Union has borrowed over such a long term on the regional financial market.

The issuance was conducted via auction, raising 50 billion CFA francs. The bonds carry a competitive coupon rate of 6.25%. Unlike bond issues placed through syndication on the Regional…