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CMR, others to raise 670 bn FCFA on BEAC market in 2015

Cfa2

Tue, 17 Feb 2015 Source: Business in Cameroon

According to the calendar forecasts for the three countries of the CEMAC zone which has been on the market since its creation, namely Cameroon, Gabon and Chad, 670 billion FCFA will be raised this year.

• Cameroon: securities issuance forecasts for a total amount of 375 billion FCFA, 55 billion FCFA of which will be used for fixed-rate interest payments on assimilatable Treasury bills.

• Chad: 160 billion FCFA, of which 130 billion FCFA are in ATBs and 30 billion FCFA in assimilatable Treasury bonds.

• Gabon: 135 billion FCFA on the BEAC market, of which 105 billion in assimilatable Treasury bills and 30 billion FCFA in assimilatable Treasury bond issuance.

Source: Business in Cameroon