Mali’s Treasury accepted CFAF49.5 billion in bids at its Wednesday, 11 November 2026 auction of bills and bonds on the UMOA regional securities market, exceeding its initial target by CFAF4.5 billion. Results published by UMOA-Titres show CFAF65.360 billion in total bids, equivalent to 145.2% of the amount sought.
Three-year Treasury bonds accounted for CFAF38.5 billion of the funds raised, from CFAF47.335 billion offered by investors. The Treasury also accepted CFAF6.5 billion in 12-month bills and CFAF4.5 billion in five-year bonds. It rejected CFAF15.860 billion in bids, close to a quarter of all offers submitted.
In CFAF billions
Source: UMOA-Titres, Mali Treasury auction results, 11 November 2026.
| Bids | Accepted | |
|---|---|---|
| 12-month bills | 13,525 | 6.5 |
| 3-year bonds | 47.34 | 38.5 |
| 5-year bonds | 4.5 | 4.5 |
Three-year bond yields edge lower
The weighted-average yield on the three-year bonds was 7.59%, compared with 7.67% at the previous auction on 28 October. Five-year bonds were allocated at a 7.61% yield, while the 12-month bills carried a weighted-average yield of 4.32%. Those yields reflect the rates and prices accepted for each security at the auction.
Two weeks earlier, Mali had raised CFAF44 billion from CFAF74.73 billion in bids. This latest auction therefore brought in CFAF5.5 billion more despite a smaller total volume of offers. Three-year securities made up nearly 78% of funds accepted on 11 November, compared with about 83% at the earlier auction.
The three- and five-year bonds pay annual coupons of 6% and 6.20%, respectively, with their auction yields also reflecting the purchase price. Settlement is scheduled for 12 November 2026. The bills mature on 10 November 2027, the three-year bonds on 12 November 2029 and the five-year bonds on 29 October 2031.