Burundi: bonds

The financial sector in Burundi is underdeveloped. This is in part the result of the country’s long civil war and the embargo (1996-98), which led to a severe economic contraction. As of October 2014, 10 commercial banks, 2 financial institutions and 27 microfinance institutions were listed. There are no capital markets and there is no stock exchange. The fixed-income securities market is limited to government securities issues; it was introduced in 1998 for the first time in an attempt to allow the establishment of market-driven interest rates and to widen the spectrum of financing means of the fiscal deficit. In 2007, the government made a second attempt at promoting the debt market, with the purpose of financing the borrowing requirements of the government. Currently, the issuance of government securities serve to finance the State budget and manage Treasury operations.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
BIF 52 163 100 000 000
corporate
USD 2 800 000 000

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Burundi, 11 16mar2019 2Y - Domestic bonds 11% 5 000 000 000  BIF 03/13/2017 03/16/2019
Burundi, 11 9mar2019 2Y - Domestic bonds 11% 1 000 000 000  BIF 03/08/2017 03/09/2019
Burundi, 12 9mar2020 3Y - Domestic bonds 12% 1 000 000 000  BIF 03/08/2017 03/09/2020
Eastern and Southern African Trade and Development Bank (PTA Bank), 5.375% 14mar2022, USD - International bonds XS1520309839 5.375% 500 000 000  USD 03/07/2017 03/14/2022
Burundi, 11 2mar2019 2Y - Domestic bonds 11% 4 000 000 000  BIF 02/28/2017 03/02/2019
Burundi, 12 2mar2020 3Y - Domestic bonds 12% 500 000 000  BIF 02/28/2017 03/02/2020
Burundi, 11 23feb2019 2Y - Domestic bonds 11% 3 000 000 000  BIF 02/22/2017 02/23/2019
Burundi, 12 23feb2020 3Y - Domestic bonds 12% 1 000 000 000  BIF 02/22/2017 02/23/2020
Burundi, 11 16feb2019 2Y - Domestic bonds 11% 1 500 000 000  BIF 02/13/2017 02/16/2019
Burundi, 12 16feb2020 3Y - Domestic bonds 12% 1 000 000 000  BIF 02/13/2017 02/16/2020

Currencies

Daily indices

Type: 03/24/2017 03/23/2017 03/22/2017 03/21/2017 03/20/2017 03/17/2017 03/16/2017
Exchange Rates (Emerging Markets)
USD/BIF 1 691.1000 1 692.7200 1 713.5000 1 690.6700 1 712.7200 1 711.0000 1 710.4900
show other indices

Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Eastern and Southern African Trade and Development Bank (PTA Bank), 6.375% 6dec2018, USD   USD 12/06/2018 05/18/2016 ***.** *.** 05/18/2016 ***.** *.**
* Registration required. Please log in or fill in the registration form.