Burkina Faso to issue FCFA40bn of treasury bills on WAEMU market
Tuesday, 17 May 2016 09:00
Burkina Faso will issue FCFA40 billion (around $69.18 million) of treasury bills, West African Regional Agency for Planning of WAMU-Securities Debt announced on May 13.
Issuance is planned for May 19 and mature on November 7, 2016, the same source added.
The treasury bills, which will have multiple interest rates, will be proposed to investors from the eight member-states of the West African Economic and Monetary Union (WAEMU) in units of a million CFA during a tender organized by Central Bank of West African States (BCEAO).
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