Regulatory Alerts2020-04-01
Information Document on Issuance of Fungible Treasury Bonds via Bid Invitation by the State of Cameroon (2020 Financial Year)
The Ministry of Finance of Cameroon, acting through the Bank of Central African States (BEAC), issues this document to govern the 2020 issuance of fungible treasury bonds (SVT) via open tender to approved primary dealers. The text details the operational framework, macroeconomic targets projecting 4 percent GDP growth and a 2.1 percent budget deficit, and mandates the allocation of raised capital to priority development projects across CEMAC member states. It establishes binding investment terms, risk disclosures, and jurisdictional restrictions while authorizing primary dealers to place the securities with both resident and non-resident investors.
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