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Treasury bonds: Burkina gets nearly 50 billion FCFA

04/03/2022
Categories: Index/Markets

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Following a simultaneous issue of 3-year and 10-year assimilable treasury bonds (OAT), Burkina Faso obtained on March 2, 2022, on the WAEMU financial market the sum of 49.858 billion FCFA .

UMOA-Titres informs that the Burkinabe Public Treasury had auctioned 50 billion FCFA. The amount of global bids amounted to 55.995 billion FCFA. This gives a rate of coverage of the amount auctioned of 111.99%. After adjudication, the winning bids stand at 49.858 billion FCFA and those rejected at the remaining 6.137 billion FCFA. This gives an absorption rate of 89.04%. Investors whose bids have been accepted will end up with a weighted average yield of 4.87% for 3-year OATs and 6.14% for 10-year OATs.

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