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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn the WAEMU public debt securities market, the Central Bank of West African States (Bceao) noted a drop in the amount of issues and a fall in the level of interest rates in October 2021 .
During October 2021, transactions on the public debt securities market resulted in a drop in the overall amount of issues and a decline in the level of interest rates, compared to the previous month. In its latest "Monthly note on the economic situation", the BCEAO indicates that at the end of the period under review, the total amount of resources mobilized by the Member States of the Union on the public securities market stood at 320 .5 billion, including 226.8 billion in bills (70.8% of the total) and 93.7 billion in bonds, down 230.0 billion compared to September 2021.
According to the document, in annual variation, the amount of public securities subscribed during the month of October 2021 decreased by 211.4 billion compared to its level of October 2020. This decline is attributable to the drop of 225.1 billion in bond issues, reduced by an increase of 13.7 billion in those of Treasury bills. The coverage rate of government securities issues stood at 270.8% on average in October 2021, compared to 302.2% in September 2021 and 253.8% a year earlier.
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