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WAEMU financial market: Burkina raises 25.327 billion FCFA

18/03/2022
Categories: Index/Markets

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The public treasury of Burkina Faso collected 25.327 billion FCFA on June 16, 2022 at the level of the WAEMU financial market. It was at the end of an issue of assimilable treasury bonds (BAT) with a duration of 364 days.

       

The amount of the overall tenders amounts to 26.180 billion FCFA and that put up for auction to 25 billion FCFA. This gives a rate of coverage of the amount auctioned of 104.72%. After adjudication, the amount of bids accepted is 25.327 billion FCFA and that rejected is 853 million FCFA. This gives an absorption rate of 96.74%. Investors whose bids are successful will end up with a weighted average return of 4.02%.

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