Burkina Faso has raised 65.99 billion CFA francs on the regional financial market following an auction of Treasury bills and bonds.
The operation, conducted on the UMOA-Titres public securities market, initially sought to mobilize 60 billion CFA francs. The issuance was divided between a 364-day Treasury bill and three Treasury bonds with maturities of 3 years, 5 years, and 7 years.
Investor interest exceeded expectations, with total bids reaching 128.8 billion CFA francs, representing an oversubscription rate of 214.67 percent. Out of the total bids received, 65.99 billion CFA francs were accepted, while 62.8 billion CFA francs were rejected.
In detail, the 364-day Treasury bill, which will mature on March 10, 2027, attracted 64.62 billion CFA francs in bids. However, only 1.82 billion CFA francs was retained, with a marginal interest rate of 5.99 percent.
The Treasury bonds were fully absorbed by the market. The 3-year bond mobilized 40.58 billion CFA francs, while the 5-year bond raised 6.79 billion CFA francs, and the 7-year bond generated 16.81 billion CFA francs.
The fixed interest rates for these bonds were set at 6.00 percent for the 3-year maturity, 6.20 percent for the 5-year maturity, and 6.40 percent for the 7-year maturity.
The auction was held on March 11, 2026, with the value date scheduled for March 12, 2026. The operation attracted participation from several investors across the West African Economic and Monetary Union (WAEMU) region.
