The government securities market remains the regional benchmark for mobilising sovereign financing. The figures for the first half of 2025 illustrate, for the Union’s Member States, the effective fulfilment of their financing needs on the local market despite a demanding economic environment.

“The government securities market is now the main source of domestic financing for WAEMU Member States.”

Oulimata NDIAYE DIASSÉ, Director of UMOA-Titres

In this exclusive interview, published in the 14th issue of the economic magazine Le Marché, Oulimata NDIAYE DIASSÉ looks back at the results recorded on the government securities market in the first half of 2025, the challenges linked to diversifying the investor base, the market’s adaptation to artificial intelligence, the revitalisation of the secondary market, as well as the outlook and strategic levers for the remainder of 2025.