The General Directorate of Treasury and Public Accounting of Burkina Faso raised the first on the financial market of the West African Monetary Union (UMOA) an amount of 27.500 billion FCFA (41.250 million euros). This was at the end of its issue of recovery bonds (ORD) of the Treasury with a maturity of 7 years organized in partnership with the Agence UMOA-Titres based in Dakar.

At the end of the auction, the UMOA-Titres agency listed 119.331 billion FCFA where the issuer only requested 25 billion FCFA. This gives a coverage rate of the amount auctioned of 477.33%. Of the overall amount proposed by investors, the Burkinabe Public Treasury withheld 27.500 billion FCFA and rejected the remaining 91.831 billion FCFA, representing an absorption rate of 23.04%. The securities issued will be redeemed on the first business day following the maturity date set at May 27, 2028. Concerning the payment of interest, it will be made from the end of the first year at a fixed interest rate of 6.10%. It should be recalled that the issuance of ODRs aims to enable the issuer to mobilize the savings of natural and legal persons in order to ensure coverage of the financing needs of the budget of the State of Burkina Faso within the framework of its plans. economic recovery plan in order to contain the effects of the COVID-19 pandemic and restore performance prior to 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 WAEMU zone.