Burkina Faso has successfully raised 35 billion CFA francs ($58 million) through a financing operation conducted via the UMOA-Titres Agency, achieving an impressive coverage rate of 130.04%. The oversubscribed debt issuance reflects growing investor confidence in the country’s economic stability and sovereign creditworthiness.
According to official data, total investor bids reached 45.51 billion CFA francs, significantly exceeding the initial target. The government accepted 38.5 billion CFA francs, marking an absorption rate of 84.59%.
The operation comprised a mix of short- and long-term debt instruments:
- 364-day Treasury Bills (BAT): 6% fixed interest rate
- 3-year Treasury Bonds (OAT): 6.20%
- 5-year Treasury Bonds: 6.40%
- 7-year Treasury Bonds: 6.60%
Weighted average yields for the securities stood at 9.77% (BAT), 9.80% (3-year OATs), 7.26% (5-year OATs), and 7.71% (7-year OATs), reflecting competitive market-driven pricing.
Institutional investors from across the West African Monetary Union (WAMU) played a key role in the success of the issuance. Burkina Faso-based investors subscribed for 27.57 billion CFA francs, followed by 9 billion CFA francs from Côte d’Ivoire and 5.8 billion CFA francs from Senegal.
The latest fundraising effort is part of Burkina Faso’s broader strategy to mobilize resources for national development and strengthen economic resilience amid regional security and financial challenges. The government is expected to continue leveraging regional financial markets to meet its budgetary and investment needs.
