Yaoundé - 08 December 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.


On December 4, 2019, the Cameroonian Treasury proceeded to the issuance of a 26-week fungible treasury bills on the market of the Bank of Central African...
In Cameroon, 35% of the 835 gas stations in operation as of October 28, 2019 (for the 54 state-approved companies), are located in rural areas. This was...
In Cameroon, the national drinking water production increased from 731,080 m3/day to 824,456 m3/day between 2018 and 2019, according to recent data from...
In Cameroon, the Ministry of State’s Property and Land Tenure recently granted an additional 2,000 hectares of land to Société Africaine forestière et...

Mags frontpage

Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon

Made in Cameroon products gradually take over supermarkets

Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun

Le Made in Cameroon progresse dans les supermarchés