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CEMAC: With XAF106.8 bln bonds issued on BVMAC, BDEAC raises hopes for a revitalization of the regional stock exchange

(Business in Cameroon) - The Development Bank of Central African States (BDEAC) recently managed to raise XAF106.8 billion (over XAF6 billion more than the XAF100 billion it requested) via bond issuance on the Central African Securities Exchange (BVMAC).
This operation (for which subscriptions were opened from December 21 to 29, 2020) is the first fund-raising operation organized on CEMAC s unified financial market since the adoption (in July 2019) of a new configuration for the regional financial market. The said market now has a single regulator (based in Libreville-Gabon), and single stock exchange (the BVMAC then based in Gabon and the Douala Stock Exchange of Cameroon were merged), headquartered in Douala. ....

Jean Claude Ngwba , Douala Stock Exchange Of Cameroon , Central African Securities Exchange , Development Bank , Central African States , Douala Stock Exchange , Absa Africa Financial Markets Index , வளர்ச்சி வங்கி ,