RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Recovery bonds: Burkina Faso raises CFAF 66 billion on waMU's financial market

03/05/2021
Categories: Index/Markets

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

Through its General Directorate of Treasury and Public Accounting, the State of Burkina Faso, raised on April 28, 2021 on the financial market of the West African Monetary Union (WAMU) an amount of 66 billion FCFA (99 million euros).

At the end of its issuance of Treasury recovery bonds (DSB) of maturity 3 and 5 years organized in partnership with the UMOA-Securities Agency based in Dakar, Burkina Faso listed 139.011 billion FCFA there while it was only soliciting 60 billion FCFA. This gives a coverage rate of the amount put out to tender of 231.69%.
Of the overall amount proposed by investors, the Burkinabe Treasury retained 66 billion CFA francs and rejected the remaining 73.011 billion CFA francs, i.e. an absorption rate of 47.48%. The securities issued will be repaid on the first working day following the maturity date of 29 April 2024 for RDAs with a maturity of 3 years. Regarding the payment of interest, it will be made at the end of the first year at a fixed interest rate of 5.55%.
As for RDAs with a maturity of 5 years, their repayment will also take place on the first working day following the due date set for April 29, 2026. On the other hand, interest payments will be made at the end of the first year at a fixed interest rate of 5.80%.

Provided by AWS Translate

0 COMMENTAIRE