logoBC
Yaoundé - 15 August 2020 -
Finance

Cameroon : XAF20 bln raised on BEAC's debt market

Cameroon : XAF20 bln raised on BEAC's debt market
  • Comments   -   Friday, 06 September 2019 14:38

(Business in Cameroon) - To fund its 2019 budget, Cameroon will raise from the BEAC’s public securities market XAF240 billion.

According to the apex bank, this should be done by issuing mainly fungible treasury bills.

In detail, the country should have raised XAF190 billion through various issuances, between July and September 2019. While maturity period for these bills is 13-52 weeks, the remaining monies, XAF50 billion, will be raised in a single issuance. For the latter, the bills will mature over five years.

camrail-renovates-13-railway-bridges-and-announces-completion-of-rehabilitation-works-on-55-others-for-2021
The Interministerial Committee on Railways Infrastructure (Comifer) recently checked the completion of renovation works on 13 railway bridges. According...
cemac-beac-announces-the-launch-of-etransfert-to-speed-up-the-processing-of-wire-transfer-requests
The Bank of Central African States (BEAC), the central bank of CEMAC countries, announces that on September 1, 2020, it will officially...
cameroon-postpones-implementation-of-the-fifth-phase-of-its-epa-with-the-eu
Importers were recently surprised to be asked the full customs duties for their car imports from the European Union (EU) instead of receiving a 10%...
national-bank-of-equatorial-guinea-obtains-business-license-for-its-subsidiary-in-cameroon
Bange Bank Cameroon SA, a subsidiary being set up by the National Bank of Equatorial Guinea (Bange) in Cameroon, was issued a business license by the...

Mags frontpage


Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon


Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”


Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns


Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »