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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAs part of ensuring the "best financial conditions" for issues by Member States called "Support and Resilience Bonds", the Central Bank of West African States (Bceao) has decided to open a counter special refinancing with a maturity of twelve months, called "Support and Resilience Window".
The Member States of UEMOA have decided to mobilize resources on the regional financial market by issuing bonds called "Bons de soutien et de Résilience" (BSR), in order to finance the operations provided for in their budgets for year 2021. In order to ensure the best financial conditions for these issues, the Central Bank says it has decided to open a special refinancing window with a maturity of twelve months, called "Support and Resilience Window". According to the institution, the creation of this new window aims to support States by ensuring the liquidity of these securities. On this window, she says, the BSRs can be refinanced at the minimum bid rate for Central Bank auctions, which is currently 2.00%. The special window will be kept open for the life of the Support and Resilience Bonds, specifies the Central Bank. Which, moreover, underlines that the BSR are also eligible on the ordinary refinancing windows of the Central Bank. According to him, the refinancing of the BSR on the Support and Resilience Window will be done, at the request of the banks, within 30 days from their date of issue.
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