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Stock market: Burkina Faso collects more than 43 billion CFA francs

27/05/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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Burkina Faso launched on May 21, 2025, through its Treasury and its public accounts, a fundraising operation on the stock market. This operation, launched through the issuance of bonds and treasury bonds, was a success for the country.

More than 43 billion FCFA were collected for an amount of 40 billion that the State of Burkina Faso wanted at the beginning, because several people subscribed to the tender. The tender document announces that “UMOA-Titres and the Burkina Faso Treasury inform the public that they are organizing a call for tenders for the sale of treasury bills and bonds (...)”. In reality, the Burkinabe State will issue bonds (securities or documents) on the stock market and individuals will acquire (buy) its bonds by giving money in return. These individuals are repaid with interest when the bond's due date reaches maturity

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The success of this operation shows the confidence that investors in Burkina Faso have in its ability to repay its debts. Moreover, it can also be explained by the high interest rate (around 6%).

Moreover, the characteristics of the offer show that the Burkinabe State has issued treasury bills (BAT) worth 10 billion CFA francs for a repayment period of one year, due on May 20, 2026. It also issued 3 bonds (OATs: treasury-like bonds) of 10 billion each with maturity terms of 3 years, 5 years and 7 years, whose maturity dates are May 22, 2028, 2028, 2028, May, 2028, and May 22, 2030, respectively, and May 22, 2030

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