In October 2020, the Bceao informed that the volume of resources raised on the regional financial market increased by 30.4 billion compared to the previous month, to 504.4 billion, including 213.1 billion bonds and 291.3 billion bonds.
And indicates that waeMU member states have continued their issuance on the regional financial market, with a view to raising resources to cover the financing needs induced by the Covid-19 crisis.
These States have, however, refinanced their commitments on the first issues of Covid-19 bonds, through a third phase of issuance of these bonds.
This was due to the increase, in monthly variation, in the volume of Treasury bill issuances of 81.1 billion, mitigated by the decrease in mobilizations for bonds of 50.7 billion
In annual variation, the Central Bank points out that the amount of public securities subscribed increased by 196.3 billion compared to its level in October 2019. "The coverage rate of emissions came out, on average, at 234.5% in October 2020 against 169.7% a year earlier. Bonds accounted for 42.3% of emissions," said the institution.
On the Treasury bill compartment, rates were down month-over-month. The weighted average interest rate stood at 2.98% in October 2020 compared to 3.83% the previous month. Before indicating that it: "also came out down compared to October 2019 when it was 5.25%. »
For bond issues, the average rate of return rose slightly to 6.18% from 6.17% the previous month. On the international capital markets, no EU Member State intervened during the month of October 2020.