From 2001 to 2014, the annual emissions of government bonds in favor of States rose from CFA 42.9 billions to CFA 3,691 billions, reports WAMU-Securities Agency.
This structure created on march 15, 2013 by the Central Bank of West African States (BCEAO) is responsible for supporting the EU Member States in mobilizing the necessary financial resources to finance their development policies at controlled costs.
In 2015, the volume of auctions has reached CFA 3, 304 billion. By maturity, the five-year bonds topped (863 million) followed by 7 years (541 billion), 2 years (453 billion) and 3 years (428800000000) etc.