(Business in Cameroon) - This day February 21, 2018, Cameroon and Gabon are once again trying to raise CFA20 billion on the public securities market of BEAC, official sources reveal. The two countries are trying to raise CFA7 billion and CFA13 billion respectively by issuing a 13-week maturity fungible bond.

Let’s note that since the security market of BEAC was launched in 2011, Cameroon and Gabon have been the major players. However, for sometime now, the market has become one of the remedies for CEMAC countries to raise money for their temporary cash problems. This is because public revenues have slumped partly due to the decrease in price of oil products since 2015.

BRM