Afriland First Bank’s subsidiary specialised in stock market operations was part of the consortium of co-lead brokers alongside Upline Securities Central Africa and Société Générale Capital Securities Central Africa. The operation was a great success achieving a take-up rate of 107%. Amount of the issue : CFAF 100 000 000 000 Nominal price of a bond : CFAF 10 000 Term: 7 years; Annual interest rate: 5.45% net of taxes; Number of securities issued: 10 000 000 bonds; Minimum subscription: 15 Bonds; Tentative subscription period: 21 to 29 December 2020.
Afriland Bourse & Investissement contributes to the success of Bdeac’s bond issue
