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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe number 1 of the Regional Securities Exchange (BRVM), common to the eight countries of the West African Economic and Monetary Union (UEMOA), granted an interview to Jeune Afrique. In this interview, he said that the bond market was exceptionally dynamic during 2020
.Despite the health context, the West African stock market recorded record emissions. Former Secretary General of the UEMOA Regional Financial Market Regulatory Authority, the Togolese Edoh Kossi Amenounve told Jeune Afrique that the pandemic surprised us all and seriously shook all capital markets. But, despite the difficulties, the BRVM recorded more than 246 billion CFA francs in transactions in 2020 compared to 136 billion FCFA in 2019, an increase of 80%. “It's one of our best years. We had an exceptionally dynamic bond market in 2020
.The States of the Union and a few companies such as Sonatel have made record issues to obtain the resources needed to manage not only the crisis, but also the post-crisis period,” said Edoh Kossi Amenounve. He adds that the institution has registered 28 bond lines for a total of around 2,000 billion CFA francs. In terms of transactions, many UEMOA institutional and retail investors have been able to maintain their confidence in the market and support the transactions and, in some cases, the outflows of international investors
.
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