Togo to auction 2-year bond of 35bn CFA on March 30

ABIDJAN: Togo will issue a two-year bond of 35 billion CFA franc ($59.77 million) on March 30, West Africa's regional debt planning agency said.

The bond, which will have 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 organized by the Central Bank of West African States, a statement by UEMOA-Titres said late on Monday.