Mali Raises 98.6 Million via Government Bond Issue

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Mali Raises $98.6 Million via Government Bond Issue

Initially set at $90 million , the bond issue was increased by the Malian Ministry of Economy and Finance in response to record demand of $155 million.

The main investors are from:

Burkina Faso

Guinea-Bissau

Côte d'Ivoire

Senegal

Yields by maturity are as follows:

• 5.12% for 1 year

• 7.9% for 3 years

• Slightly over 8% for 5 and 10 years

The funds will be used to support the state budget and infrastructure projects.

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