(Business in Cameroon) - On August 26, 2015, at the headquarters of the Central African States Bank (BEAC in French), the Cameroonian government issued Treasury bills worth 5 billion FCFA. This was indicated in an official release published by Finance Minister Alamine Ousmane Mey.

Alamine Ousmane Mey reveals in his release that these 26-week maturity securities with deducted interest, can be subscribed at 13 credit establishments approved by the government to act as primary dealers.

On August 5, 2015, an issuance of 16-week Treasury bills achieved only 96% in subscriptions. This is one of the worst performances of the Cameroonian Treasury on the BEAC’s government securities market since the start of the year, quite below the coverage rates of 500% often achieved.