Yaoundé - 06 July 2020 -

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.


“I'm very excited to join the dynamic and focused MTN team in Cameroon! Thanks for the warm welcome and kind messages of support.” This is the message...
Commercial Bank-Cameroon (CBC) informs that it achieved a positive result of CFAF 2.5 billion as of December 31, 2019. This represents an increase of CFAF...
From July 4 to 6, 2020, the turbines at the Memvé'élé hydroelectric power station, which currently only delivers about 80 MW out of an installed capacity...
On July 2, Cameroonian bank Afriland First Bank informed that the Central African Financial Market Supervisory Commission (Cosumaf) approved its...

Mags frontpage

Business in Cameroon n88: June 2020

Covid 19 Its impacts so far

Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»

Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts

Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »