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Launch of the new bond bond: The BDEAC wants to collect 78 billion FCFA

12/12/2022
Categories: Index/Markets

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The officials of the Development Bank of Central African States (BDEAC) launched the new bond issue of this financial institution of the Central African Economic and Monetary Community (Cemac) on Friday, December 9, 2022 in Libreville. It was in the presence of the Gabonese Minister for the Economy and Recovery, Nicole Jeanine Lydie Roboty Mbou.

Subscriptions for the “BDEAC 6% net 2029" loan, paid at 6% over 7 years, extend from 7 to 21 December 2022. Its objective is to collect 78 billion FCFA to finance development projects in the subregion. Indeed, the BDEAC is completing its three-year program of bond borrowing by public offering (APE).

The last operation of the program is entitled “BDEAC 6% net 2029" and intends to raise 78 billion on Cemac markets. The BDEAC is returning to assault the regional financial market, in accordance with the bond issuance program provided for in its 2017-2022 strategic plan, according to the vice-president of this Community Bank, Marcel Ondelé.

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