The financial market over-subscribes Burkina Faso

On September 12, 2019, the Burkinabe Financial Intermediation Company (SBIF) launched, as arranger and leader, a public bond, called « TPBF 6.5% 2019-2027 ».

This loan was intended to mobilize an amount of 75 billion FCFA in favor of Burkina’s Public Treasury for the financing of the National Economic and Social Development Plan (PNDES).

At the closing of the operation, the total amount mobilized amounts to CFAF One hundred forty-eight billion one hundred and twenty-five million (148,125,000,000), ie a coverage rate of 197.50%. debt strategy, The State of Burkina has decided to retain FCFA One hundred and twenty-five billion (125,000,000,000), on the amount mobilized.

The merit of this strong subscription also lies with the Burkinabe Financial Intermediation Company (SBIF), which has been able to attract a large number of investors, natural and legal persons, who have contributed to the success of this operation and to their renewed confidence in the economy of Burkina Faso.

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