The yield was 4.30% for bonds worth 600 million euros that will mature in 2032, the lowest ever rate for Ivory Coast’s
ABIDJAN, Feb 9 (Reuters) - Ivory Coast has raised 850 million euros ($1.03 billion) in a re-opened Eurobond sale that was oversubscribed 3.4 times, the finance ministry said.
The yield was 4.30% for bonds worth 600 million euros that will mature in 2032, the lowest ever rate for Ivory Coast’s Eurobonds, and 5.75% for 250 million euros in bonds that will mature in 2048, the ministry said in a statement.
Ivory Coast issued 1 billion euros of the 2032 Eurobonds in November at a yield of 5%.