DECISION CM N°01/6/2000 DETERMINING THE IDENTIFICATION CRITERIA FOR PRIVATE PLACEMENT BOND ISSUES ON THE UMOA REGIONAL FINANCIAL MARKET

WEST AFRICAN MONETARY UNION

COUNCIL OF MINISTERS

President

DECISION C. M. N° 01/6/2000 DETERMINING THE IDENTIFICATION CRITERIA FOR PRIVATE PLACEMENT BOND ISSUES ON THE UMOA REGIONAL FINANCIAL MARKET

Having regard to the deliberations of the Council of Ministers of the West African Monetary Union in its session of 28 June 2000 in Dakar,

The Council of Ministers of the West African Monetary Union decides

Article 1

All bond issues that do not meet the criteria for public offerings as defined by the General Regulations of the Regional Council shall be deemed private placement bond issues on the UMOA financial market.

Article 2

The execution of private placement bond issues on the UMOA financial market is subject to prior registration with the Regional Council.

Article 3

This decision shall take effect from the date of its signature.

Done in Dakar, on 28 June 2000.

For the Council of Ministers

The President

Makhtar DIOP