Burkina Faso policy interest rate
Minimum bid rate on BCEAO weekly and monthly liquidity-injection auctions - the principal policy rate of the Central Bank of West African States, applied uniformly across all eight WAEMU/UEMOA member states including Burkina Faso.
| Current value | 3 percent |
|---|---|
| In force from | 2026-03-16 |
| Official source | BCEAO, Communique de presse - Reunion ordinaire du Comite de Politique Monetaire tenue le 4 mars 2026 (decision effective 16 mars 2026); rate re-confirmed unchanged by the CPM meeting of 10 juin 2026 |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Burkina Faso has NO national central bank and NO national policy rate. Monetary policy is set for the whole Union Economique et Monetaire Ouest-Africaine (UEMOA/WAEMU) by the BCEAO Comite de Politique Monetaire in Dakar; the identical rate applies in Benin, Burkina Faso, Cote d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. At its ordinary meeting of 4 March 2026 the CPM cut the principal policy rate by 25 basis points from 3.25% to 3.00%, and the marginal lending window rate from 5.25% to 5.00%, both effective 16 March 2026. The required-reserve coefficient stays at 3.0%. The CPM met again on 10 June 2026 and held both rates unchanged (3.00% / 5.00%), so 3.00% is the live rate on the last_confirmed date. Independently cross-checked against BCEAO's own weekly auction notices, which state the operative rate on their face: the notice for the 8 June 2026 weekly/monthly injection auction (avis n.23/H/2026, 06/M/2026 and 06/OdR/2026) reads 'Le taux minimum de soumission aux appels d'offres hebdomadaire et mensuel est fixe a 3,0000%, principal taux directeur de la BCEAO'. This value and effective_from reconcile exactly with the Cote d'Ivoire and Senegal files in this dataset, as they must - it is one rate, not three. MEMBERSHIP CAVEAT, verified: Burkina Faso (with Mali and Niger) withdrew from ECOWAS/CEDEAO in January 2025 as part of the Alliance des Etats du Sahel (AES), but that withdrawal did NOT affect UEMOA/BCEAO membership. Burkina Faso remains a full member of the monetary union, keeps the XOF (franc CFA), and remains subject to BCEAO monetary policy; BCEAO continues to publish Burkina Faso auctions and statistics as a member state. Access note: bceao.int is reachable and serves French-language HTML plus PDF communiques; the CPM communique is also mirrored as a PDF under /sites/default/files/2026-03/.
Get it programmatically
curl https://afriref.dev/v1/bf/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/bf/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/bf/policy-rateOther Burkina Faso series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates