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Burkina Faso to issue two-year 35bn CFA bond on Oct.27

Published October 19, 2016 Updated October 19, 2016 12:55pm

1 min

By Shoaib Ur Rehman

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ABIDJAN: Burkina Faso will issue a 35 billion CFA franc ($59 million) two-year bond on Oct. 27, a statement from the West African regional debt planning agency UMOA-Titres said on Wednesday.

The bond with multiple interest rates will be sold in units of 1 million CFA francs to investors across the CFA franc currency zone via an auction organised by the regional bank BCEAO.

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