Cameroon plans to raise CFA155bn on the Beac public securities market in Q4 2022

The Cameroonian treasury is planning to raise CFA155 billion on the Beac public securities market over the fourth quarter of this year. According to the provisional transaction timetable, the Treasury expects CFA70 billion through five issues of fungible Treasury bills (BTA). These are short-term government securities (52 weeks at most) that usually enable the coverage of one-time cash needs. The remaining amount (CFA80 billion) will come from five other issues of fungible Treasury bonds (OTA), which are long-term securities (from more than 52 weeks to 10 years) usually used to finance infrastructure projects. The Ministry of Finance indicated that Cameroon…