Breathtaking start of the largest non-sovereign bond in the WAEMU financial market (EBID)




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Historic rush. 100 billion FCFA mobilized in the space of a day. This is the point on the first crazy day of what the financial chronicles will remember as the financial event of the week in West Africa. Monday, May 30, 2022 saw the start of the subscription period for the bond loan of 120 billion FCFA from the ECOWAS Bank for Investment and Development (EBID). Also, 24 hours after the start of this historic transaction with a net coupon of 5.9% and a maturity of 7 years redeemable with a two-year grace period, the