Government securities market: Cameroon targets 580 billion FCFA in the second quarter of 2026

Government securities market: Cameroon targets 580 billion FCFA in the second quarter of 2026
(DR)
© (DR)

The Cameroonian Treasury is intensifying its use of the regional market, with a sustained issuance program between April and June 2026.

The Cameroonian government plans to raise 580 billion FCFA on the public securities market of the Bank of Central African States (BEAC) during the second quarter of 2026. The announcement is included in the provisional issuance calendar published on March 30, 2026, on the website of the common monetary institution for the six CEMAC countries.
In detail, the Treasury aims to mobilize 160 billion FCFA in April, 155 billion in May, and 265 billion in June, reflecting a progressive increase in financing needs at the end of the quarter.
To achieve this objective, the authorities intend to diversify their instruments. They will rely notably on fungible Treasury bills (BTA), with short maturities ranging from 13 to 52 weeks, to meet immediate cash flow needs. In parallel, fungible Treasury bonds (OTA), with maturities ranging from 2 to 15 years, will also be sought to capture longer-term resources.
This strategy confirms the central role of the sub-regional market in financing CEMAC states, in a context of increased pressure on public finances and a search for balance between the short and long term.

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