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Cameroon seeks 5 billion FCFA on BEAC securities market

On December 3, 2014, Cameroon’s Treasury Department began issuing Treasury bills totalling 5 billion FCFA with a 13-week maturity on the Central African States Bank (BEAC) securities market.

Subscriptions can be made at 13 CEMAC zone banks authorised by Cameroon’s Finance Ministry to act as Primary Dealers (SVT). In total, the State will have raised close to 100 billion FCFA on the BEAC for 2014.

At the same time, on November 24, 2014, Cameroon issued Treasury bonds for a total of 150 billion FCFA on the Douala Stock Exchange (DSX), the country’s securities market. Subscriptions close on December 23.

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