Burkina Faso successfully raised CFA45 billion on the West African Monetary Union (UMOA) financial market after completing a Treasury Bills and Bonds auction on June 3, 2026, meeting its funding target despite rejecting a significant portion of investor bids.
Total subscriptions reached CFA126.6 billion, representing an oversubscription rate of 281 percent and underscoring strong investor appetite for Burkinabe debt.
The Treasury accepted only 35.56 percent of the bids received, turning down more than CFA81 billion. Notably, all bids for the 364-day Treasury Bill were rejected despite attracting CFA51 billion in offers, as authorities favored longer-term financing.
The funds were raised entirely through 3-year, 5-year, and 7-year Treasury Bonds, which recorded average yields of 7.21 percent, 7.53 percent, and 7.39 percent respectively.
Investors from Côte d’Ivoire, Burkina Faso, Mali, and Senegal were among the major participants, with settlement scheduled for June 4, 2026.
