Burkina Faso launches Diaspora Bonds to mobilize savings for national projects
via Lefaso.net3 min read
Burkina Faso has launched Diaspora Bonds, a mechanism for the state to mobilize savings from its diaspora by offering investment opportunities in national projects with guaranteed repayment and returns. The bond program, issued by the Burkinabe state through the Public Treasury, has Vista Group as the arranger, and SBIF and Oragroup Securities as co-arrangers and co-lead managers. The overall Diaspora Bonds program aims to raise 240 billion FCFA between 2026 and 2027, with a first tranche of 125 billion FCFA now open for subscription. This initial tranche includes two issues: Emission A seeks to raise 45 billion FCFA over 5 years with an interest rate of 6.75%, and Emission B aims for 80 billion FCFA over 7 years with an interest rate of 6.85%. A total of 12,500,000 securities are being issued, with each bond priced at 10,000 FCFA. Interest payments will be semi-annual, starting no later than five working days after the operation's closing date. Income from these bonds is tax-exempt for investors residing in Burkina Faso and subject to the tax legislation on movable property income in other countries at the time of interest payment and capital repayment. Beyond the diaspora, the bond is also open to individuals and legal entities from UEMOA member countries, as well as regional and international institutional investors. Potential investors can subscribe, view projects, and simulate investments on the platform www.diaspora-bond-burkina.com. Minister of Economy Aboubacar Nacana
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