BCEAO 2022 Renewal of Refinancing Facilities for Relance and Support and Resilience Bonds Issued by UEMOA Member States

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NOTICE NO. 01 - 03 - 2022 REGARDING THE 2022 RENEWAL OF REFINANCING FACILITIES FOR RELANCE BONDS AND SUPPORT AND RESILIENCE BONDS ISSUED BY UEMOA MEMBER STATES

In 2021, the Central Bank of West African States (BCEAO) established special windows for the refinancing of Relance Bonds (OdR) and Support and Resilience Bonds (BSR) issued on the regional financial market.

For 2022, the BCEAO, in collaboration with UMOA-Titres, has decided to renew both resource mobilization initiatives, namely the Relance Bonds (OdR) and Support and Resilience Bonds (BSR).

In this regard, the Central Bank has decided to admit for refinancing on the "Relance Bonds Window" new OdR issued in 2022. Banks may mobilize resources on this special window for a duration of six (6) months at the minimum bid rate in BCEAO auctions. Similarly, BSR issued in 2022 will be refinanced on the "Support and Resilience Window" at the minimum bid rate in Central Bank auctions. The refinancing of BSR on the Support and Resilience Window will be carried out, upon banks' request, within 30 days from their issuance date.

OdR and BSR issued in 2022 remain eligible on the Central Bank's ordinary refinancing windows.

Done in Dakar, March 8, 2022

THE CENTRAL BANK OF WEST AFRICAN STATES

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