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Public Treasury: Burkina Faso raises 33 billion CFA francs on the UEMOA financial market

31/01/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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The on the market Trésor Public du Burkina Faso a levé le mercredi 29 janvier 2025 la somme de 32,999 milliards FCFA & financial aid of the UEMOA. This was after its simultaneous issuance of 364-day treasury bonds (BAT) and 3, 5 and 7-year equivalent treasury bonds (OATs)

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The Burkinabe State plans to finance its budget. Pour ce faire, l' émetteur avait mis en auction the sum of 30 billion FCFA. adjudication At the end of the operation, UMOA-Titres listed overall submissions from investors of 49.655 billion CFA francs, i.e. at a coverage rate of the amount put in of 165.52%. The amount of bids selected by the issuer is 32.999 billion FCFA and that rejected at 16.656 billion FCFA, i.e. an absorption rate of 66.46%.

Investors whose submissions were selected will end up with a weighted average return of 9.72% for bonds with a maturity of 364 days, 9.33% for 3-year bonds, 9.33% for 3-year bonds, 7.18% for 5-year bonds, 7.18% for 5-year bonds and 8.02% for 7-year bonds.

The repayment of the principal of the bonds is scheduled on the first business day following the maturity date fixed on January 16, 2028 for those with a term of 3 years, on January 16, 2030 for those of 5 years, on 16 January 2030 for those of 5 years and on 16 January 2032 for those of 7 years.

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