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Finance Monday, 11 January 2021 13:29 (Togo First) - For its first issue in 2021, Togo raised CFA27.5 billion (thus 2.5 billion more than the country was seeking) on the WAEMU securities regional market. The sum, secured by issuing fungible treasury bills, will finance the public treasury. The issue which closed last week, Jan 8, was oversubscribed by WAEMU investors. They generated more than CFA39 billion - a performance that represents a coverage rate of 157.20% and aligns with the trend Togo has been recording on the regional financial market for more than a year. A year ago, in January 2020, Togo carried out its first issue ever on the same market. The operation - a fungible treasury bill issue - was oversubscribed (276% coverage rate). ....