On January 17, 2018, Cameroon’s public treasury has issued CFA5 billion fungible treasury bills, with a 26-weeks maturity period, on the security market of Bank of Central African States (BEAC). This was revealed by an official statement of Alamine Ousmane Mey, the minister of finance.
For this operation, sixteen banks, accredited as primary dealers in CEMAC, were in the starting-block to help Cameroon raise the money.
On this market, Cameroon’s treasury bills compete with Gabonese securities. Indeed the same day, Gabon launched an operation aimed at raising CFA8.5 billion after the one initiated on January 3, 2018.
A plea from Cameroon Concord........
Thank you for reading our magazine, we have a plea to ask you our readers. Over the last two years, hits on our articles have been climbing, we have had an increase in clicks and also a broader reading audience on our social media channels.Our readers have been writing to us requestion for news updates from Cameroon/Southern Cameroons. We have as well been trying to give you the best we can, however, we are short of finances to recruit reporters to carry on independent and investigative journalism which takes a lot of time, money and hard work to produce. We are therefore pleading on you to support our efforts for this platform to be able to keep up the good work we are doing.
For as little as €1, you can support Cameroon Concord– and it only takes a minute. Thank you.