Mali issues $191 million bond on regional market

BAMAKO (Reuters) – Mali has issued a bond of 120 billion CFA francs ($191 million) on the West African regional market to fund infrastructure projects, its finance minister said on Monday.

The issue includes a tranche of 70 billion CFA francs with a yield of 6.30% and a 10-year maturity, and a tranche of 50 billion CFA francs with a yield of 6.20% and a 7-year maturity.

($1 = 628.5000 CFA francs)

(Reporting by Tiemoko Diallo; Writing by Nellie Peyton; Editing by Estelle Shirbon)

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