A Côte d’Ivoire government bond line accounted for CFA800 million in trading on the Regional Securities Exchange (BRVM) on Tuesday, 27 October 2026. According to Official Market Bulletin No. 204, the security alone generated approximately 99.7% of the value traded on the exchange’s bond market that session.
The line, listed as TPCI.O82 and named “TPCI 6.00% 2023–2030”, recorded 100,000 bonds traded at CFA8,000 apiece. The entire bond segment traded 100,254 securities worth CFA802,372,450, leaving just CFA2,372,450 in turnover across all other traded bond lines.
Trading in existing bonds, not fresh government borrowing
The concentration of turnover does not mean the Ivorian Treasury raised an additional CFA800 million. These transactions took place on the secondary market, where investors trade debt securities that have already been issued. They are distinct from Treasury bill and bond auctions that raise new financing for governments.
The 6% in the bond’s name is its stated coupon, and the issue matures in 2030. That nominal rate should not be confused with the return actually earned by an investor buying the bond in the secondary market. The bulletin records the trading price but does not identify the counterparties.
Six lines traded out of 210 listed
The BRVM report lists 210 bond lines on the regional exchange, although only six registered trades on 27 October. The 100,000 TPCI.O82 bonds also accounted for almost all of the 100,254 bonds traded that day, illustrating how limited activity was outside this single Ivorian government issue.