Regulatory Alerts2020-04-30
BCEAO Advisory No. 007-04-2020 on Access of B-Listed Private Claims to Central Bank Refinancing
The BCEAO issued Advisory No. 007-04-2020 to permit credit institutions to use claims on B-listed private enterprises as collateral for Central Bank refinancing, provided these claims carry a UMOA member state guarantee or benefit from a UMOA financial support scheme. Credit institutions must submit applications to register the instruments representing these claims on the official list of eligible refinancing collateral. This measure expands upon the March 2020 revision that previously admitted A-listed enterprise instruments, thereby broadening access to central bank liquidity for non-financial enterprises.
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