Yaoundé - 19 October 2019 -

Cameroon raises, in extremis, XAF20 bln on BEAC’s market

Cameroon raises, in extremis,  XAF20 bln on BEAC’s market
  • Comments   -   Tuesday, 01 October 2019 13:29

(Business in Cameroon) - Once again, on September 25, 2019, Cameroon successfully concluded its XAF20 billion fungible bills operation on BEAC’s debt market. However, according to the results published by the BEAC, this operation has been one of its less subscribed operations this year.

Indeed, unlike other operations where the subscription rate was around 200 and 300%, this one only recorded a 105% rate. Investors offered a little more than XAF21 billion out of the requested XAF20 billion.

In addition, the weighted average interest rate was 2.4%, a little more than 2.2% of the last operation.

This shyness, at the start of Q4, 2019, can be explained by the progressive dry-up of investors’ reserves, which have been highly sought after by public treasuries within CEMAC. These treasuries multiplied fundraising operations on this market to fund repeated budget deficits since late 2015.


Between August 4, 2016, and August 4, 2019, under the economic partnership agreement with the European Union, there were four main suppliers for products...
While the lot 4 (44.9-km Yoko-Lena section) of the Nationale n° 15 Batchenga (Centre)-Ntui-Yoko-Lena-Tibati (Adamaoua) has been completed already,...
At the end of the ordinary meeting of the Central African Monetary Union (UMAC)’s ministerial council, in Yaoundé, on October 2, 2019, CEMAC authorities...
Cameroon Civil Aviation Authority (CCAA) recently published the winter 2019/2020 flying schedule of carriers operating in Cameroon. For the winter, which...

Mags frontpage

Business in Cameroon n80: October 2019

Agribusiness: Brazil ready to show Cameroon the way to higher spheres

Reviewing the state of things in the North and Far North

Investir au Cameroun n90: Octobre 2019

Le coût faramineux de la « crise anglophone »

Décollage réussi pour la Transahélienne de Camair-Co