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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFor its 36th open market operation since the appearance of the first case of Covid-19 contamination in the WAEMU area, the Central Bank of West African States (BCEAO) injected, on Monday, December 21, CFAF 3 670.9 billion on the EU interbank market. The call for tenders registered the participation of 90 commercial banks, spread across all WAEMU member States. The operation was carried out at a fixed interest rate of 2% and will allow the said banks to refinance themselves comfortably on the weekly refinancing window of the Central Bank. The value date of the loans is December 22, 2020 and the maturity is December 28. They were mainly solicited by Ivorian commercial banks, to the tune of 1,292.8 billion CFA francs, followed by Senegalese banks (575.7 billion CFA francs) and Malian banks (464.5 billion CFA francs).
Open market operations aim to provide waMU's interbank market with liquidity in order to support economic activity. During the last operation, 3,460 billion CFA francs were injected.
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