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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAt the end of an issue of 7-year Treasury stimulus bonds (ORD), Burkina Faso raised FCFA 51.654 billion on the WAEMU financial market on Wednesday 13 April 2022.
The operation was materialized by investors' global bids of 76.705 billion FCFA while the issuer had put in auction an amount of 50 billion FCFA. This gives a coverage rate of the amount put up for auction of 153.41%. After auction, the amount of bids retained by the issuer amounts to 51.654 billion FCFA and the one rejected to 25.050 billion FCFA. This gives an absorption rate of 67.34%. The investors whose bids are retained will find themselves with a weighted average yield of 6.13%.
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