Lomé hosts launch of UT Marché platform for WAEMU government debt trading

Finance

Thursday, 29 January 2026 06:13

Lomé hosts launch of UT Marché platform for WAEMU government debt trading

(Togo First) - The regional agency responsible for the management and promotion of government securities, UMOA-Titres, officially launched its government securities listing and trading platform in Lomé. The initiative was unveiled on Tuesday, Jan. 27, 2026, on the sidelines of the 8th edition of the West African Monetary Union (WAEMU) Government Securities Market Meeting.

The platform, named UT Marché, was launched jointly by Oulimata Ndiaye Diassé, director general of UMOA-Titres, and Jean-Claude Kassi Brou, governor of the Central Bank of West African States (BCEAO). It is part of efforts to modernize and strengthen the secondary market for government securities within the WAEMU zone. The project aims to meet growing expectations from investors and regulators in terms of market efficiency and attractiveness.

UT Marché is designed to improve price and transaction transparency, enhance the liquidity of securities, and reinforce confidence in the regional market. The platform facilitates price discovery by offering better visibility on supply and demand. It provides real-time centralized information on prices, traded volumes, and yields for Treasury bills and bonds. This reduces information gaps and strengthens the trust of market participants.

“This launch marks an important step in the modernization of the government securities market,” BCEAO Governor Jean-Claude Kassi Brou said. He highlighted the structuring role of this innovation in the development of the regional financial market.

For issuing states, the platform represents a strategic tool. By improving the ease and fluidity of trading securities on the secondary market, UT Marché helps reassure investors. This confidence could eventually lead to lower required yields and therefore more controlled financing costs for public Treasuries.

For UMOA-Titres, the creation of this listing and trading platform is a key instrument for transparency, liquidity, and the modernization of the regional government securities market.

Esaïe Edoh

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