The West African Regional Stock Exchange (BRVM) suspended trading on Tuesday, 10 November 2026, in Côte d’Ivoire’s floating-rate Treasury bond TPCI 2022–2029 (TPCI.O77). In a notice dated the same day and listed among its 11 November publications, the exchange said the base rate for 12 November 2026 to 11 February 2027 had not been communicated.
That reference rate forms part of the bond’s interest formula. Payments to holders are based on a benchmark reset every three months plus a fixed spread established at issuance. The original listing terms call for the revised benchmark to be published in BRVM’s official quotation bulletin after each quarterly adjustment.
Côte d’Ivoire’s Treasury issued the security in late 2022 to finance budgeted investments, raising CFAF350 billion through 35 million bonds subscribed at CFAF10,000 each. Trading in the bond began on the regional exchange on 14 February 2023.
At its initial listing, the base rate stood at 2.50% and the fixed spread at 2.45 percentage points, giving an opening rate of 4.95%. That rate applied when the bond was admitted in 2023, with the benchmark component subject to quarterly adjustments thereafter.
The bond had also been suspended in May 2026. BRVM’s 11 May official quotation bulletin carried two separate notices, one lifting that suspension and another setting the quarterly interest rate for the same 2022–2029 Treasury security.