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

19 Oct, 2016

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.

Copyright Reuters, 2016

Read Comments