Le S\u00e9n\u00e9gal entend mobiliser 658 milliards de francs CFA sur le march\u00e9 financier r\u00e9gional de l\u2019UMOA au cours du deuxi\u00e8me trimestre 2026, selon le programme publi\u00e9 par UMOA-Titres. Ce montant sera lev\u00e9 progressivement : 260 milliards en avril, 278 milliards en mai et 120 milliards en juin.
L\u2019essentiel de ces ressources atteignant 68 % sera mobilis\u00e9 sous forme d\u2019obligations \u00e0 long terme, afin de consolider la dette publique sur des maturit\u00e9s longues plut\u00f4t que de recourir massivement aux bons du Tr\u00e9sor \u00e0 court terme.
La strat\u00e9gie s\u2019inscrit r\u00e9solument dans une logique de financement local au sein de l\u2019espace UMOA. Les autorit\u00e9s mettent en avant deux avantages majeurs : une moindre d\u00e9pendance aux march\u00e9s internationaux de capitaux, souvent plus volatils et plus co\u00fbteux, et une r\u00e9duction du risque de change que g\u00e9n\u00e8rent les emprunts libell\u00e9s en devises \u00e9trang\u00e8res.
\u00c0 noter que le S\u00e9n\u00e9gal cherche \u00e0 diversifier ses sources de financement tout en ma\u00eetrisant le profil de sa dette, apr\u00e8s les controverses suscit\u00e9es par le recours \u00e0 des instruments financiers complexes comme les op\u00e9rations de Total Return Swap (TRS) r\u00e9v\u00e9l\u00e9es en d\u00e9but d\u2019ann\u00e9e.<\/p>\n\n\n\n
DAKARACTU<\/p>\n","protected":false},"excerpt":{"rendered":"
Le S\u00e9n\u00e9gal entend mobiliser 658 milliards de francs CFA sur le march\u00e9 financier r\u00e9gional de l\u2019UMOA au cours du deuxi\u00e8me<\/p>\n","protected":false},"author":1,"featured_media":71007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-71006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-event-more-news"],"_links":{"self":[{"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/posts\/71006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dekkbi.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71006"}],"version-history":[{"count":1,"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/posts\/71006\/revisions"}],"predecessor-version":[{"id":71008,"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/posts\/71006\/revisions\/71008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dekkbi.com\/index.php?rest_route=\/wp\/v2\/media\/71007"}],"wp:attachment":[{"href":"https:\/\/dekkbi.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dekkbi.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dekkbi.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}