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Cameron – Public Management: The Cameroon Public Treasury is trying to raise 5 billion CFA francs in the BEAC market, this May 17, 2017

The Cameroon Public Treasury is trying to raise 5 billion CFA francs in the BEAC market, this May 17, 2017
Written by Deckson N.

On May 17, 2017, the Government of Cameroon issued a new issue of assimilable treasury bills (BTA) for a total amount of 5 billion CFA francs and a maturity of 52 weeks. The outcome of this auctioning session should be known tomorrow, May 18, 2017, we learn.

In general, the Cameroon Public Treasury has always succeeded in mobilizing funds in the BEAC government securities market, despite the very harsh competition in this market, notably with the arrival in recent months of New States such as Equatorial Guinea or Congo.

As a reminder, in the second quarter of 2017, through the issuance of government securities, the Cameroonian government intends to raise a total of between 60 and 70 billion CFA francs in the BEAC market. For the full financial year 2017, a total of CFAF 300 billion is planned to be mobilized through the issuance of government securities on the capital markets.

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Deckson N.

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