The UMOA-Titres Agency (“AUT”) aims to provide assistance to Member States to mobilize on the capital markets the resources necessary to finance their economic development policies, at controlled costs.
As part of the modernization of the financing instruments of the Union's economies, the financial markets have been identified by the Union's authorities as a source of development financing to be favored. This decision established the regional financial market as one of the main sources of financing the growing needs of the Member States.
In this perspective, with a view to boosting the Public Securities Market and providing States with all the necessary support, the Council of Ministers of WAMU, by Decision No. CM / UMOA / 006/05/2012 , authorized the Governor of the Central Bank of West African States (BCEAO) to create a regional agency to support the issuance and management of public securities of the States of the WAMU called "Agence UMOA-Titles ”.
On the basis of this Decision of the Council of Ministers, the Governor of the BCEAO proceeded to the creation of the UMOA-Titles Agency (AUT) on March 15, 2013, in the form of an international public establishment with legal personality. and financial autonomy.
In addition, the Agency offers the National Treasuries a service of investing their cash surpluses, on the basis of express instructions and according to market conditions.