The Afriland First Bank subsidiary specializing in stock market transactions was part of the Consortium of brokerage firms, alongside Upline Securities Central Africa and Société Générale Capital Securities Central Africa. The operation was a great success with a rate of 107%.
Amount of the issue: 100,000,000,000 FCFA;
Nominal price of a bond : 10,000 FCFA;
Maturity: 7 years;
Annual interest rate: 5.45% Net of taxes;
Number of securities issued: 10,000,000 bonds;
Minimum subscription: 15 Securities;
Indicative subscription period: December 21 to 29, 2020 .
