The UMOA-Titres Agency based in Dakar informs that the State of Burkina Faso, through its General Directorate of Treasury and Public Accounting, raised 88 billion FCFA on 7 April 2021 on the financial market of the West African Monetary Union (UMOA).

At the end of its issuance of stimulus bonds (ORD) from the Treasury with a maturity of 5 and 7 years, organized in partnership with the Agence UMOA-Titres based in Dakar, Burkina Faso is raising an amount of 88 billion FCFA.

The issued securities will be repaid on the first business day following the due date of 8 April 2026 for 5-year ODRs. As for interest payments, starting at the end of the first year, they will be paid at a fixed interest rate of 6.05%.
Launched by the UMOA-Titres agency in collaboration with the Central Bank of West African States (BCEAO), the issuance of ODRs aims to allow the issuer to mobilize the savings of individuals and legal entities in order to ensure the financing needs of the State budget of Burkina Faso as part of its economic recovery plans in order to contain the effects of the COVID-19 pandemic and resume the performance of before the health crisis.

It targets not only socially responsible investors but also companies or individuals wishing to support economic recovery actions initiated by the states of the UEMOA zone.