Burkina Faso's Public Treasury raised 72.5 billion FCFA on the WAEMU financial market following its issuance on April 8, 2026. This operation is part of the financing of the State's 2026 budget and confirms the country's access to regional financing.

The issuer had initially put up for auction 70 billion FCFA via fungible Treasury bills (BAT) with a maturity of 364 days and fungible Treasury bonds (OAT) of 3, 5, and 7 years. Investor demand reached 124.462 billion FCFA, representing a coverage rate of 177.80%, reflecting sustained interest in the Burkinabe signature.

In the end, 72.5 billion FCFA were retained, while 51.962 billion FCFA were rejected, corresponding to an absorption rate of 58.25%. The yields obtained reflect market conditions: 5.35% for the bills, 7.85% for the 3-year bonds, 7.40% for the 5-year bonds, and 7.58% for the 7-year bonds.

The Burkinabe Public Treasury plans to repay the bills on April 7, 2027, with interest paid in advance and discounted from the nominal value. For the bonds, capital repayment will occur on April 9, 2029, for the 3-year maturity, on April 9, 2031, for the 5-year maturity, and on April 9, 2033, for the 7-year maturity.

Interest will be paid annually, at rates of 6% for 3-year bonds, 6.20% for 5-year bonds, and 6.40% for 7-year bonds, starting from the end of the first year.

With this operation, Burkina Faso's Public Treasury confirms its ability to raise funds on the WAEMU regional market, in a context marked by strong investor demand for West African sovereign securities.