The Burkinabe government has successfully secured 35 billion CFA francs through a financing operation managed by the UMOA-Titres Agency, achieving a coverage rate of 130.04%.
Total bids amounted to 45.51 billion CFA francs, highlighting strong investor interest. Out of this, 38.5 billion CFA francs were accepted, representing an absorption rate of 84.59%, reflecting financial market confidence in Burkina Faso’s sovereign creditworthiness.
The operation included four types of debt instruments:
364-day Treasury Bills (BAT) at a fixed interest rate of 6%,
3-year Treasury Bonds (OAT) at 6.20%,
5-year Treasury Bonds at 6.40%,
7-year Treasury Bonds at 6.60%.
Weighted average rates stood at 9.77% for BAT, 9.80% for 3-year OATs, 7.26% for 5-year OATs, and 7.71% for 7-year OATs.
Institutional investors from the West African Monetary Union (WAMU) played a significant role, with subscriptions totaling 27.57 billion CFA francs from Burkina Faso, 9 billion CFA francs from Côte d’Ivoire, and 5.8 billion CFA francs from Senegal.