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Burkina Faso public treasury: the BRVM launches two new bond issues

16/09/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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The bond market in Burkina Faso grew strongly by admitting two new bond issues “TPBF.O19 and TPBF.020" from the Public Treasury.

The BRVM currently lists 152 bond lines and 46 companies. This week it admitted two new bond issues from the Burkina Faso Public Treasury “TPBF.O19 and TPBF.020", thus strengthening the country's position in the regional bond market of the West African Economic and Monetary Union. ( UEMOA ). The quotations of Burkina Faso's bonds on the BRVM, as well as its continued presence on the market, highlight the solidity of the country's financial position in the UEMOA area. With a total capitalization of the bond market exceeding 9 000 billion CFA francs, the BRVM remains a crucial platform for sovereign and private debt. The BRVM currently has 152 listed bond lines and 46 listed companies, including three from Burkina Faso, with a market capitalization reaching 9.6 trillion CFA francs in August 2024. This growth consolidates its position as the 5th largest African stock exchange style="font-family: "Bookman Old Style”, “serif">, behind Johannesburg, Casablanca, Casablanca, Egypt and Nigeria. Burkina Faso is home to three companies, with a market capitalization rising to 9.6 trillion CFA francs, thus consolidating its position as the 5th African stock exchange after Johannesburg, Casablanca, Casablanca, Egypt

and Nigeria.
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