On July 22, 2024, Burkina Faso launched an operation on the regional monetary market, with the goal of transferring 150 billion CFA francs. It was to be carried out by means of Treasury Bonds that final 5 years and seven years. On the finish of the market, Burkina recorded a protection charge of 75.19% and picked up 112.77 billion CFA francs. This exercise recorded the participation of 10 bidders (7 for the 5-year OAT and three for the 7-year OAT).
From the locations of software we keep in mind solely Senegal with 100 million CFA francs on the 5-year OAT. All different submissions got here from Burkina Faso. The 7-year bonds gained the day with 96.974 billion CFA francs held. Concerning the 5-year OATs, Burkinabè bidders supplied 15.705 billion CFA francs to the State.
Be aware that, in keeping with the Basic Directorate of Finance and Public Accounting, this exercise goals to switch financial savings, with a view to making sure the protection of the financing wants of the State of Burkina.
Regional monetary market: Burkina raises 112.77 billion FCFA
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