The UMOA-Titres News Magazine, Tendances, reveals that the WAEMU States succeeded in mobilizing as of March 31, 2021, 1,577.10 billion CFA francs on the public securities market.

In the first quarter of 2021, the WAEMU States were looking on the public securities market for a forecast volume of 1,611 billion FCFA out of a total amount for the year of 5,333 billion FCFA. 1,577.10 billion CFA francs were finally raised by all the countries. The envelope is up compared to the first quarter of 2020 when the States had made 1,331 billion during the same period, indicates the publication consulted by the APS. According to the magazine, "UEMOA States remained on standby on the regional financial market, in the first quarter of 2021, to support economic recovery within their area strongly affected in 2020 by the impacts of the Coronavirus pandemic".

In general, "the countries of the space have requested long-term loans ranging from 3 to 7 years during this first quarter", which is explained by "the implementation of the issuance program Recovery Bonds (Odr)”. These ODRs are assimilable treasury bonds with maturities of 3, 5, 7, 10, 12 or more years, issued in 2021, by open auction with the assistance of UMOA-Titres. These are ''dematerialized securities, held in current account in the books of the BCEAO and benefit from specific advantages for investors but also for sovereign issuers''.

The Odr auctions have for their part "allowed a significant overall raising of 905.123 billion FCFA in two and a half months, against a forecast volume of 821 billion FCFA, with an overall coverage rate of the amounts put up for auction of order of 252.17%”. In more detail, the document specifies, 242.615 billion FCFA (27%) were mobilized over the 3-year maturity, 288.618 billion FCFA over 5 years (32%), 274.004 billion FCFA over 7 years (30%) and 99.885 billion FCFA over a 10-year maturity (11%). In terms of volume mobilized by issuer, ''Togo, Côte d'Ivoire and Burkina represent respectively 188.500 billion FCFA, 188.020 billion FCFA and 154 billion FCFA''. Senegal and Mali “come respectively in fourth and fifth position for having mobilized 137.205 and 131.798 billion FCFA, Niger in sixth position with 66 billion FCFA raised and Guinea-Bissau in last position with a mobilized amount of 39, 60 billion FCFA''.