History & Mission
Established in March 2013, UMOA-Titres (UT) is mandated to support the eight Member States of the West African Economic and Monetary Union (WAEMU) in mobilizing capital market resources to finance public development strategies at optimized borrowing costs.
1999
1999
Phasing out of direct central bank statutory advances to Member States → structural imperative to establish a competitive regional debt market.
2010
2010
Institutional reform of the WAEMU/BCEAO framework, redirecting public sector financing toward market-based mechanisms.
2012
2012
Council of Ministers Resolution formally approving the establishment of a dedicated regional sovereign debt management agency.
2013
2013
Official operational launch of UMOA-Titres (March 15).
2015
2015
Implementation of the Primary Dealer (Spécialistes en Valeurs du Trésor – SVT) framework to strengthen market liquidity and infrastructure.
2018
2018
Launch of the SAGETIL platform (Automated Securities Settlement and Management System).
2020
2020
Issuance of specialized Support and Resilience Bills (BSR) and Recovery Bonds to mitigate COVID-19 macroeconomic impacts.
2021
2021
Corporate rebranding to "UMOA-Titres" affirms expanded institutional mandate and governance evolution.
2022
2022
Regional sovereign debt outstanding reaches XOF 12.4 trillion; gross annual issuance volumes reach XOF 5.4 trillion.
2023
2023
Decade Milestone: Celebrating ten years of financial innovation and market stewardship.
2025
2025
Strategic modernization of corporate visual identity reflecting enhanced institutional leadership.
Nov 09, 2017
2026
Launch of the MTP Secondary Market Quotation Platform
UMOA-Titres actively fosters the development of a benchmark Government Securities Market within the Union. In this capacity, it supports National Treasuries in:
Assessing and aggregating public financing requirements.
Designing and coordinating strategic sovereign market interventions.
Ensuring flawless operational execution of sovereign debt issuances.
Promoting sovereign instruments to institutional and international investor networks.
Strengthening institutional market capacity and financial literacy.
Optimizing the placement and risk management of public treasury surpluses.