Burkina Faso has launched a bond issue called ''TPBF 6.30% 2022-2034'' to raise an amount of 150 billion FCFA on the financial market of the West African Economic and Monetary Union (UEMOA).

According to a statement by the apex bank, this issue is intended to finance investments included in the State budget for the year 2022, adding that it consists of the issue of 15 million bonds with a nominal value of 10,000 FCFA each.

The subscription period for this bond loan runs from August 16 to 26, 2022 with the possibility of early closing.

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