The recovery bond issuance program has already enabled the States of the region to raise, at the end of June, a total amount of 1,802.93 billion FCFA, according to official data. This program should contribute to the momentum of the economic recovery efforts of the States of the WAEMU zone.

Launched on the UMOA financial market in the first quarter of 2021 by the UMOA-Titres agency in collaboration with the Central Bank of West African States (BCEAO), the issuance program The recovery bonds recorded an increase of about 14% compared to the forecast volume of 1,591 billion FCFA, with an overall coverage rate of 345% of the amounts auctioned. This "well illustrates the enthusiasm of investors for the public securities of issuers in the Union and their commitment to contribute to the dynamics of the economic recovery efforts of the States of the WAEMU zone", indicates the agency Umoa-Titres in a note. published on July 16, 2021. In more detail, it is explained, 536.63 billion FCFA (30%) were mobilized over the 3-year maturity, 448.04 billion FCFA over 5 years (25%), 516.63 billion FCFA over 7 years (29%), 290.33 billion FCFA over a 10-year maturity (16%) and 11.3 billion FCFA over a 12-year maturity (1%). In terms of volume mobilized by issuer, specifies UMOA-Titres, Côte d'Ivoire, Burkina and Mali represent respectively 435.95 billion FCFA, 318.16 billion FCFA and 265.80 billion FCFA. Togo and Niger come respectively in fourth and fifth position for having mobilized 265.50 and 186.72 billion FCFA, while Senegal and Benin are positioned in sixth and seventh place with 137.21 billion FCFA and 132 billion FCFA raised. Guinea-Bissau, for its part, is last with 61.6 billion mobilized. It should be noted that over the year 2021, the 8 WAEMU member states will be able to issue OdR 3.768 billion eligible for refinancing with the BCEAO.