The UMOA-Titres Agency based in Dakar informs that the State of Burkina Faso, through its General Directorate of Treasury and Public Accounting, raised 88 billion FCFA on April 7, 2021 on the financial market of the West African Monetary Union (WAMU.

At the end of its issuance of Treasury recovery bonds (DSBs) of maturity 5 and 7 years organized in partnership with the WAMU-Securities Agency based in Dakar, Burkina Faso raises an amount of 88 billion FCFA.

The securities issued will be repaid on the first working day following the maturity date of 8 April 2026 for RDAs with a maturity of 5 years. As for the payment of interest, it will be made at the end of the first year at a fixed interest rate of 6.05%.
Launched by the WAMU-Securities agency in collaboration with the Central Bank of West African States (BCEAO), the issuance of the RDAs aims to enable the issuer to mobilize the savings of natural and legal persons in order to ensure the coverage of the financing needs of the State budget of Burkina Faso within the framework of its economic recovery plans to contain the effects of the COVID-19 pandemic and return to pre-health crisis performance.

It targets not only socially responsible investors but also companies or individuals wishing to support the economic recovery actions undertaken by the States of the WAEMU zone.