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5th edition of REMTP 2023: a framework for structured exchanges for the development of the sovereign debt market

24/04/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The fifth edition of the Public Securities Market Meetings (REMTP) took place from 24 to 26 January 2023 in Dakar, Senegal. This edition is part of a series of structured exchanges for the development of the sovereign debt market

.

Performance on the Public Securities Market, broadening the investor base, dynamizing the secondary market and the short-term securities segment, and democratizing access to public securities are among the various topics covered by the actors during the meeting. Badanam PATOKI, President of the Financial Markets Authority of the West African Monetary Union (AMF-UMOA), Badanam PATOKI announced that in terms of economic growth, the UEMOA zone is currently marked by a certain resilience. As a result, between 2021 and 2022, growth slowed from 6.1% to 5.7%, a deterioration of 0.4 percentage points

.

According to them, they have an integrated market bringing together eight countries with, of course, the same regulator, namely the UEMOA Financial Markets Authority (AMF-UEMOA), for public securities, whether by syndication or by auction. The Deputy Director, in charge of the interim of UMOA-Securities, Banassi OUATTARA, indicates that the objective of broadening and diversifying the investor base

should be pursued.
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