Mali’s Treasury accepted CFA44 billion in bids at its Wednesday, 28 October 2026 auction on the UMOA regional government securities market, exceeding its original CFA40 billion target. Investors submitted CFA74.72595 billion in offers, giving the auction a bid-cover ratio of 186.81%, according to the official results published by UMOA-Titres.
Three-year Treasury bonds accounted for CFA36.5 billion of the accepted amount, making them by far the largest component of the operation. Another CFA4 billion was allocated to five-year bonds and CFA3.5 billion to 364-day Treasury bills. The Treasury rejected CFA30.72595 billion in bids, accepting 58.88% of all offers received.
Three-year securities lead the allocations
The three-year bonds carried a weighted-average yield of 7.67%, compared with 7.58% for the five-year securities. Their annual coupons are 6% and 6.20%, respectively, with average allocation prices below face value. The weighted-average yield on the 364-day bills stood at 4.51%.
Successful bids submitted through intermediaries in Mali totalled CFA33.2258 billion. Intermediaries in Togo secured CFA4.5 billion, followed by Senegal with CFA3.4162 billion and Burkina Faso with CFA2.775 billion; CFA83 million was accepted through intermediaries in Benin. These figures reflect where bids were submitted, as recorded by UMOA-Titres.
The settlement date is Thursday, 29 October. At its previous auction on 14 October, Mali’s Treasury accepted CFA33 billion, also exceeding the amount it had initially sought.