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Burkina Faso Faces Rising Yields as Investor Caution Grows Over Fiscal Risks

© Allen Dreyfus
  • April 9 bond sale clears at 9.54% on 1-year paper, up 111 basis points
  • Treasury directive spooks market, raises concerns over financial governance

Cotonou, Benin – Burkina Faso raised CFAF 40.35 billion ($67.6 million) on the WAEMU regional debt market Wednesday, but at sharply higher yields, as investors grow increasingly wary of the country’s fiscal trajectory and political intervention in financial markets.

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