Burkina Faso seeks 75 billion F CFA in the UEMOA market

Roch Marc Christian Kabore, President of Burkina Faso

The State of Burkina Faso issues since Thursday, October 18 on the regional financial market, a bond issue by public offering to mobilize 75 billion CFA francs.

According to an opinion issued to this end, this fundraising aims to finance growth-enhancing projects included in the National Economic and Social Development Plan (PNDES). Subscriptions extend until November 8, and are open to institutional investors and individuals resident or not in the EUMOA area.

Identified by the Regional Council for Public Savings and Financial Markets (CREPMF), the financial market regulator of WAMU, the transaction offers a 6.5% interest rate net of tax. payable semi-annually from the date of the satisfaction of the bonds.

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