Ivory Coast — Agence UMOA-Titres

Overview

Highlights

World’s largest producer of cocoa, Côte d’Ivoire has a relatively diversified economy in terms of agriculture and industry, with significant productions (coffee, cotton, cashew, rubber) and a vibrant manufacturing sector.
Côte d’Ivoire is a remarkable economic success, with a rapid GDP growth of 8.5% per year from 2012, making it one of the highest economic performance in Africa.
In 2017, the economic growth is expected at 8.7 percent, in spite of the prolonged decline in the price of cocoa on international markets. Growth is driven by all sectors of activities, mainly the service sector with a contribution of 5.7 percentage points to growth in 2017, followed by the secondary sector (+ 1.3) and the primary sector (1.0), in an environment of low inflation (annual average 0.7% in 2017).
The budget deficit widened to 4.5% end of 2017 against 3.9 percent in 2016, due to the high level of public investment in infrastructure and the increase in expenditure to satisfy the claims of the armed forces and a segment of the public service.
After a current surplus of 1.4% of GDP reached in 2014, the current account deficit has widened further in 2017 to 3.7% compared to 1.1% of GDP in 2016, due to the fall in the price of cocoa on the international market and the increase in public investment expenditure.
Short and medium term economic prospects remain good with a growth rate that should be above 7%, maintaining a moderate inflation and control of public finances through conservative fiscal and monetary policies , as well as continued reforms to improve governance, the business climate and to promote effective use of public-private partnerships.

Economic data

	2013	2014	2015	2016	2017	2018
GDP growth (%)	9.3	8.8	8.8	8.3	7.8	7.9
Investment rate^*	20.7	19.7	20.1	20.7	22.6	23.6
Inflation rate (annual average)	2.6	0.5	1.2	0.7	0.7	0.3
Budget deficit^*	-2.2	-2.2	-2.8	-3.9	-4.2	-3.7
Current balance, dgrants included^*	-1.4	1.4	-0.6	-1.1	-3.7	-3.5
Overall debt^*	43.4	44.8	47.3	47.0	46.4	48.0

Sources : BCEAO except the debt data provided by the IMF (Regional Economic outlook report, April 2018)
* in % of GDP

Issuances

Instrument	Date of operation	Value date	Deadline	Amount(millions of FCFA)	More info
T-Bill	21/01/2020	22/01/2020	21/07/2020	25 000	More info \| *Upcoming*	Côte d’Ivoire 21/01/2020
T-Bill SI (Security 1)	14/01/2020	15/01/2020	14/04/2020	55 000	More info \| *Completed*	SI - Côte d’Ivoire 14/01/2020
T-Bill SI (Security 2)	14/01/2020	15/01/2020	12/01/2021	55 000	More info \| *Completed*	SI - Côte d’Ivoire 14/01/2020
T-Bill SI (Security 3)	03/10/2019	04/10/2019	14/01/2020	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bill SI (Security 4)	03/10/2019	04/10/2019	11/02/2020	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bond SI (Security 5)	03/10/2019	04/10/2019	20/04/2020	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bond SI (Security 6)	03/10/2019	04/10/2019	21/07/2020	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bond SI (Security 7)	03/10/2019	04/10/2019	13/09/2020	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bond SI (Security 8)	20/11/2019	21/11/2019	--	27 900	More info *canceled* \| *Completed*	SI - Côte d’Ivoire 20/11/2019
T-Bond SI (Security 9)	20/11/2019	21/11/2019	--	27 900	More info *canceled* \| *Completed*	SI - Côte d’Ivoire 20/11/2019
T-Bond SI (Security 10)	03/10/2019	04/10/2019	04/10/2022	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bond SI (Security 11)	03/10/2019	04/10/2019	04/10/2024	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/10/2019
T-Bill	27/09/2019	30/09/2019	29/12/2019	25 000	More info \| *Completed*	Côte d’Ivoire 27/09/2019
T-Bill SI (Security 12)	16/09/2019	17/09/2019	16/12/2019	50 000	More info \| *Completed*	SI - Côte d’Ivoire 16/09/2019
T-Bond SI (Security 13)	16/09/2019	17/09/2019	17/09/2022	50 000	More info \| *Completed*	SI - Côte d’Ivoire 16/09/2019
T-Bill	24/09/2019	25/09/2019	24/12/2019	25 000	More info \| *Completed*	Côte d’Ivoire 24/09/2019
T-Bill SI (Security 14)	10/09/2019	11/09/2019	10/12/2019	50 000	More info *reported* \| *Completed*	SI - Côte d’Ivoire 10/09/2019
T-Bond SI (Security 15)	10/09/2019	11/09/2019	11/09/2022	50 000	More info *reported* \| *Completed*	SI - Côte d’Ivoire 10/09/2019
T-Bill	20/08/2019	21/08/2019	19/11/2019	25 000	More info \| *Completed*	Côte d’Ivoire 20/08/2019
T-Bill SI (Security 16)	05/08/2019	06/08/2019	04/11/2019	50 000	More info \| *Completed*	SI - Côte d’Ivoire 05/08/2019
T-Bond SI (Security 17)	05/08/2019	06/08/2019	06/08/2022	50 000	More info \| *Completed*	SI - Côte d’Ivoire 05/08/2019
T-Bond	23/07/2019	24/07/2019	24/07/2022	25 000	More info \| *Completed*	Côte d’Ivoire 23/07/2019
T-Bill	16/07/2019	17/07/2019	15/10/2019	25 000	More info \| *Completed*	Côte d’Ivoire 16/07/2019
T-Bill SI (Security 18)	09/07/2019	10/07/2019	07/07/2020	55 000	More info \| *Completed*	SI - Côte d’Ivoire 09/07/2019
T-Bill SI (Security 19)	09/07/2019	10/07/2019	08/10/2019	55 000	More info \| *Completed*	SI - Côte d’Ivoire 09/07/2019
T-Bill SI (Security 20)	03/05/2019	06/05/2019	21/11/2019	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/05/2019
T-Bond SI (Security 21)	03/05/2019	06/05/2019	05/07/2019	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/05/2019
T-Bond SI (Security 22)	03/05/2019	06/05/2019	05/08/2019	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/05/2019
T-Bill SI (Security 23)	21/05/2019	22/05/2019	19/05/2020	40 000	More info \| *Completed*	SI - Côte d’Ivoire 21/05/2019
T-Bond SI (Security 24)	21/05/2019	22/05/2019	23/05/2022	40 000	More info \| *Completed*	SI - Côte d’Ivoire 21/05/2019
T-Bond SI (Security 25)	03/05/2019	06/05/2019	06/05/2022	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/05/2019
T-Bond SI (Security 26)	03/05/2019	06/05/2019	06/05/2024	150 000	More info \| *Completed*	SI - Côte d’Ivoire 03/05/2019
T-Bill	26/04/2019	29/04/2019	29/07/2019	30 000	More info \| *Completed*	Côte d’Ivoire 26/04/2019
T-Bill	24/06/2019	25/06/2019	23/09/2019	25 000	More info \| *Completed*	Côte d’Ivoire 24/06/2019
T-Bill	27/05/2019	28/05/2019	26/08/2019	25 000	More info \| *Completed*	Côte d’Ivoire 27/05/2019
T-Bill	14/05/2019	15/05/2019	13/08/2019	25 000	More info \| *Completed*	Côte d’Ivoire 14/05/2019
T-Bill	12/04/2019	15/04/2019	14/07/2019	25 000	More info \| *Completed*	Côte d’Ivoire 12/04/2019
T-Bill	01/04/2019	02/04/2019	30/03/2020	30 000	More info \| *Completed*	Côte d’Ivoire 01/04/2019
T-Bill	13/03/2019	14/03/2019	11/09/2019	30 000	More info \| *Completed*	Côte d’Ivoire 13/03/2019
T-Bill	26/03/2019	27/03/2019	24/09/2019	30 000	More info \| *Completed*	Côte d’Ivoire 26/03/2019
T-Bond	19/03/2019	20/03/2019	20/03/2024	30 000	More info \| *Completed*	Côte d’Ivoire 19/03/2019
T-Bill	05/03/2019	06/03/2019	04/06/2019	30 000	More info \| *Completed*	Côte d’Ivoire 05/03/2019
T-Bill	26/02/2019	27/02/2019	27/08/2019	30 000	More info \| *Completed*	Côte d’Ivoire 26/02/2019
T-Bond	19/02/2019	20/02/2019	20/02/2024	30 000	More info *canceled* \| *Completed*	Côte d’Ivoire 19/02/2019
T-Bill	12/02/2019	13/02/2019	11/02/2020	35 000	More info \| *Completed*	Côte d’Ivoire 12/02/2019
T-Bill	04/02/2019	05/02/2019	06/05/2019	30 000	More info \| *Completed*	Côte d’Ivoire 04/02/2019
T-Bill	29/01/2019	30/01/2019	30/07/2019	30 000	More info \| *Completed*	Côte d’Ivoire 29/01/2019
T-Bond	22/01/2019	23/01/2019	23/01/2022	35 000	More info \| *Completed*	Côte d’Ivoire 22/01/2019
T-Bill	15/01/2019	16/01/2019	14/01/2020	35 000	More info \| *Completed*	Côte d’Ivoire 15/01/2019
T-Bill	11/01/2019	14/01/2019	14/04/2019	30 000	More info \| *Completed*	Côte d’Ivoire 11/01/2019
T-Bond	06/11/2018	07/11/2018	--	70 000	More info *reported* \| *Completed*	Côte d’Ivoire 06/11/2018
T-Bill	16/10/2018	17/10/2018	13/11/2018	30 000	More info \| *Completed*	Côte d’Ivoire 16/10/2018
T-Bill	05/10/2018	08/10/2018	04/11/2018	30 000	More info *canceled* \| *Completed*	Côte d’Ivoire 05/10/2018
T-Bill	11/09/2018	12/09/2018	11/12/2018	30 000	More info \| *Completed*	Côte d’Ivoire 11/09/2018
T-Bill	29/08/2018	30/08/2018	28/11/2018	30 000	More info \| *Completed*	Côte d’Ivoire 29/08/2018
T-Bill	21/08/2018	22/08/2018	20/11/2018	30 000	More info *reported* \| *Completed*	Côte d’Ivoire 21/08/2018
T-Bond	13/12/2016	13/12/2016	28/09/2023	85 000	More info *reported* \| *Completed*	Côte d’Ivoire 13/12/2016
T-Bond	03/05/2017	20/04/2017	20/04/2020	35 000	More info *canceled* \| *Completed*	Côte d’Ivoire 03/05/2017
T-Bill	17/07/2018	18/07/2018	16/10/2018	35 000	More info \| *Completed*	Côte d’Ivoire 17/07/2018
T-Bill	27/02/2018	28/02/2018	28/08/2018	40 000	More info \| *Completed*	Côte d’Ivoire 27/02/2018
T-Bill	06/02/2018	07/02/2018	05/02/2019	35 000	More info \| *Completed*	Côte d’Ivoire 06/02/2018
T-Bill	16/01/2018	17/01/2018	15/01/2019	35 000	More info \| *Completed*	Côte d’Ivoire 16/01/2018
T-Bond	14/12/2017	19/06/2019	19/06/2019	60 000	More info \| *Completed*	Côte d’Ivoire 14/12/2017
T-Bill	23/11/2017	13/07/2018	13/07/2018	50 000	More info \| *Completed*	Côte d’Ivoire 23/11/2017
T-Bill	28/09/2017	29/09/2017	28/12/2017	30 000	More info \| *Completed*	Côte d’Ivoire 28/09/2017
T-Bond SB (Security 27)	12/09/2017	13/09/2017	13/09/2020	80 000	More info \| *Completed*	SI - Côte d’Ivoire 12/09/2017
T-Bond SB (Security 28)	12/09/2017	13/09/2017	13/09/2022	80 000	More info \| *Completed*	SI - Côte d’Ivoire 12/09/2017
T-Bond SB (Security 29)	12/09/2017	13/09/2017	13/09/2024	80 000	More info \| *Completed*	SI - Côte d’Ivoire 12/09/2017
T-Bond SB (Security 30)	12/09/2017	13/09/2017	13/09/2027	80 000	More info \| *Completed*	SI - Côte d’Ivoire 12/09/2017
T-Bill	20/07/2017	21/07/2017	23/11/2017	90 000	More info \| *Completed*	Côte d’Ivoire 20/07/2017
T-Bond	19/07/2017	21/07/2017	21/07/2020	100 000	More info \| *Completed*	Côte d’Ivoire 19/07/2017
T-Bond	14/06/2017	15/06/2017	20/04/2020	45 000	More info \| *Completed*	Côte d’Ivoire 14/06/2017
T-Bill	14/06/2017	15/06/2017	13/12/2017	45 000	More info \| *Completed*	Côte d’Ivoire 14/06/2017
T-Bill	01/06/2017	02/06/2017	31/08/2017	45 000	More info \| *Completed*	Côte d’Ivoire 01/06/2017
T-Bill	01/06/2017	02/06/2017	30/11/2017	45 000	More info \| *Completed*	Côte d’Ivoire 01/06/2017
T-Bill	23/05/2017	24/05/2017	21/11/2017	40 000	More info \| *Completed*	Côte d’Ivoire 23/05/2017
T-Bill	23/05/2017	24/05/2017	22/08/2017	40 000	More info \| *Completed*	Côte d’Ivoire 23/05/2017
T-Bill	11/05/2017	12/05/2017	09/11/2017	45 000	More info \| *Completed*	Côte d’Ivoire 11/05/2017
T-Bond	11/05/2017	12/05/2017	10/02/2022	45 000	More info \| *Completed*	Côte d’Ivoire 11/05/2017
T-Bill	19/04/2017	20/04/2017	17/05/2017	55 000	More info \| *Completed*	Côte d’Ivoire 19/04/2017
T-Bond	19/04/2017	20/04/2017	20/04/2020	55 000	More info \| *Completed*	Côte d’Ivoire 19/04/2017
T-Bill	19/04/2017	20/04/2017	19/07/2017	55 000	More info \| *Completed*	Côte d’Ivoire 19/04/2017
T-Bill	11/04/2017	12/04/2017	11/07/2017	55 000	More info \| *Completed*	Côte d’Ivoire 11/04/2017
T-Bill	11/04/2017	12/04/2017	10/04/2018	55 000	More info \| *Completed*	Côte d’Ivoire 11/04/2017
T-Bill	11/04/2017	12/04/2017	10/10/2017	55 000	More info \| *Completed*	Côte d’Ivoire 11/04/2017
T-Bill	06/04/2017	07/04/2017	06/07/2017	35 000	More info \| *Completed*	Côte d’Ivoire 06/04/2017
T-Bill	06/04/2017	07/04/2017	04/05/2017	35 000	More info \| *Completed*	Côte d’Ivoire 06/04/2017
T-Bill	24/03/2017	27/03/2017	24/09/2017	25 000	More info \| *Completed*	Côte d’Ivoire 24/03/2017
T-Bill	09/03/2017	10/03/2017	08/06/2017	50 000	More info \| *Completed*	Côte d’Ivoire 09/03/2017
T-Bill	21/02/2017	22/02/2017	23/05/2017	25 000	More info \| *Completed*	Côte d’Ivoire 21/02/2017
T-Bill	15/02/2017	16/02/2017	15/03/2017	50 000	More info \| *Completed*	Côte d’Ivoire 15/02/2017
T-Bond	09/02/2017	10/02/2017	10/02/2022	50 000	More info \| *Completed*	Côte d’Ivoire 09/02/2017
T-Bill	24/01/2017	25/01/2017	21/02/2017	25 000	More info \| *Completed*	Côte d’Ivoire 24/01/2017
T-Bill	13/01/2017	16/01/2017	16/07/2017	35 000	More info \| *Completed*	Côte d’Ivoire 13/01/2017
T-Bill	09/01/2017	10/01/2017	08/01/2018	50 000	More info \| *Completed*	Côte d’Ivoire 09/01/2017
T-Bill	20/12/2016	21/12/2016	18/12/2018	78 000	More info \| *Completed*	Côte d’Ivoire 20/12/2016
T-Bill	24/11/2016	25/11/2016	23/11/2017	75 000	More info \| *Completed*	Côte d’Ivoire 24/11/2016
T-Bill	14/11/2016	16/11/2016	13/12/2016	50 000	More info \| *Completed*	Côte d’Ivoire 14/11/2016
T-Bond	28/10/2016	31/10/2016	31/10/2021	141 900	More info \| *Completed*	Côte d’Ivoire 28/10/2016
T-Bill	21/10/2016	24/10/2016	20/11/2016	50 000	More info \| *Completed*	Côte d’Ivoire 21/10/2016
T-Bond	27/09/2016	28/09/2016	28/09/2023	50 000	More info \| *Completed*	Côte d’Ivoire 27/09/2016
T-Bond	13/09/2016	14/09/2016	14/09/2021	70 000	More info \| *Completed*	Côte d’Ivoire 13/09/2016
T-Bill	29/07/2016	01/08/2016	30/10/2016	120 000	More info \| *Completed*	Côte d’Ivoire 29/07/2016
T-Bill	20/07/2016	21/07/2016	18/07/2018	60 000	More info \| *Completed*	Côte d’Ivoire 20/07/2016
T-Bond	04/07/2016	05/07/2016	05/07/2019	75 000	More info \| *Completed*	Côte d’Ivoire 04/07/2016
T-Bond	03/05/2016	04/05/2016	04/05/2019	61 000	More info \| *Completed*	Côte d’Ivoire 03/05/2016
T-Bond	21/04/2016	22/04/2016	22/04/2023	70 000	More info \| *Completed*	Côte d’Ivoire 21/04/2016
T-Bill	12/04/2016	13/04/2016	11/04/2017	50 000	More info \| *Completed*	Côte d’Ivoire 12/04/2016
T-Bill	16/02/2016	17/02/2016	13/02/2018	60 000	More info \| *Completed*	Côte d’Ivoire 16/02/2016
T-Bill	03/11/2015	04/11/2015	31/10/2017	50 000	More info \| *Completed*	Côte d’Ivoire 03/11/2015
T-Bill	03/11/2015	04/11/2015	31/10/2017	50 000	More info \| *Completed*	Côte d’Ivoire 03/11/2015
T-Bond	13/10/2015	14/10/2015	14/10/2022	100 000	More info \| *Completed*	Côte d’Ivoire 13/10/2015
T-Bill	04/08/2015	05/08/2015	02/08/2016	30 000	More info \| *Completed*	Côte d’Ivoire 04/08/2015
T-Bill	23/06/2015	24/06/2015	21/06/2016	10 000	More info \| *Completed*	Côte d’Ivoire 23/06/2015
T-Bond	10/06/2015	06/11/2015	06/11/2025	100 000	More info \| *Completed*	Côte d’Ivoire 10/06/2015
T-Bill	12/01/2015	13/01/2015	09/01/2017	50 000	More info \| *Completed*	Côte d’Ivoire 12/01/2015
T-Bond	28/10/2014	29/10/2014	29/10/2019	40 000	More info \| *Completed*	Côte d’Ivoire 28/10/2014
T-Bond	15/10/2014	16/10/2014	16/10/2019	40 000	More info \| *Completed*	Côte d’Ivoire 15/10/2014
T-Bond	04/08/2014	05/08/2014	05/08/2019	100 000	More info \| *Completed*	Côte d’Ivoire 04/08/2014
T-Bond	14/07/2014	15/07/2014	15/07/2017	40 000	More info \| *Completed*	Côte d’Ivoire 14/07/2014
T-Bill	24/06/2014	25/06/2014	21/06/2016	60 000	More info \| *Completed*	Côte d’Ivoire 24/06/2014

Useful links

Official Government Portal
General Secretariat of the Gouvernement
Ministry of Economy and Finances
Directorate-General of Treasury and Public Accounting
Directorate-General of Budget
Directiorate-General of Tax

News

Moody’s assigns B3 first-time issuer rating to the Government of the Republic of Mali with a stable outlook How the WAEMU Government Securities Market works ?Government Securities Market Figures – 4th quarter 2018 SELECTED ISSUES PAPER ON THE WEST AFRICAN ECONOMIC AND MONETARY UNION REGIONAL MEMBER COUNTRIES (IMF)STAFF REPORT ON COMMON POLICIES FOR MEMBER COUNTRIES—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR THE WAEMU (IMF)

Senegal		SI
MILLIONS F CFA
Completed	Results

Niger			T-Bill
MILLIONS F CFA
Canceled			More

Niger		T-Bill
MILLIONS F CFA
Completed	Results

Burkina		T-Bill
MILLIONS F CFA
Completed	Results

Niger		T-Bill
MILLIONS F CFA
Completed	Results


LAST 10 SECURITIES ISSUES