On August 2, the Central Bank of West African States ( ^Bceao ) carried out its 31st weekly liquidity injection operation on the interbank market of the West African Economic Monetary Union (UEMOA). It comes two weeks after its last open-market operation.

A total of 3,325 billion CFA francs have been granted to all credit institutions in the West African Monetary Economic Union. An amount that came out down by 24.4 billion CFA francs compared to the previous weekly liquidity injunction operation. Refinancing requirements are unchanged. Clearly, an auction at the interest rate is set at 2%. It should also be noted that this is the most favorable easing of refinancing conditions in the history of the money-issuing institution.

The result of this umpteenth liquidity injunction auction shows that 93 commercial banks participated in the BCEAO's call for tenders with a view to meeting their cash needs. For the 29th liquidity injunction operation on behalf of the year 2021, respectively the Ivorian and Senegalese banks were refinanced to the tune of 858.6 billion FCFA and 807.8 billion FCFA, followed by Beninese banks for 544.2 billion FCFA and Burkinabé for 389.93 billion FCFA.