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UEMOA financial market: Burkina raises 29.249 billion FCFA

15/05/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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A l' issue d' une émission simultanée d' adjudication good On Wednesday, 10 May 2023, the State of Burkina Faso raised 29.249 billion FCFA on the WAEMU financial market

.

L'émetteur avait mis en auction 30 billion FCFA. He was offered bids of 33.361 billion FCFA after the auction, giving a coverage rate of 111.21% of the amount put up for auction. The amount of rejected tenders was 4.111 billion FCFA, representing an absorption rate of 87.67%, the one accepted is 29.249 billion FCFA. Investors whose bids are successful will end up with a weighted average return of 7.43% for bonds, 7.42% for 7-year bonds, and 7.97% for 3-year

bonds
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