From July 8 to September 30, 2020, the Cameroonian government plans to mobilize 110 billion FCFA on the money market of the Bank of Central African States (BEAC)
The Cameroonian public treasury has just published the provisional calendar for its issues of public securities in the 3rd quarter of 2020 on the market of the Bank of Central African States, common to the CEMAC countries.
“The country thus intends to mobilize, from July 8 to September 30, 2020, on this market an amount of 110 billion FCFA “indicates the magazine Investir in Cameroon.
Concretely, this fundraising operation will take place in several phases. The first will take place from July 8 to 27, 2020. During this period, Cameroon wants to raise 50 billion FCFA through assimilable treasury bonds (BTA), including 20 billion FCFA with a maturity of 13 weeks, 20 billion for 26-week assimilated treasury bills and 10 billion for 52-week BTAs.
The next step will be from August 12 to 26, 2020. According to government forecasts, this time it will be a fundraising operation in the amount of 30 billion FCFA, including 20 billion for the BTA with a maturity of 26 weeks, and 10 billion for those of 52 weeks.
Finally, during the month of September, more precisely between September 2 and 30, 2020, Cameroon intends to raise a total amount of 30 billion FCFA on the BEAC market, including 20 billion for 26 week BTAs, and 10 billion FCFA for those with a 52-week maturity.
