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BEAC securities market: Chad intends to raise 400 billion CFA francs in 2025

14/01/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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Dans le but de financer l' économie du Tchad, le gouvernement envisage cette année de 400 billion CFA francs (628 million dollars) on the public securities market of the Bank of Central African States (BEAC), the Central Bank of the six CEMAC countries

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La somme prévue par le Tchad représente environ 16% of the national budget for the current year, in order to finance the country's economy. According to the indicative calendar des titres publics pour 2025, publié par la BEAC , the mobilization of funds will be carried out through two instruments, in particular, assimilable treasury bills (BTAs) of 3, 6 and 12 months, and assimilable treasury bonds (OTAs) of 2, 3, 4 and 5 years. Thus, 135 billion FCFA will be raised in the form of BTA, and 265 billion FCFA in the form of OTA. In reality, 2 billion FCFA will be raised in the first quarter of 2025, 95 billion FCFA in the second quarter and 115 billion FCFA during the last two quarters. For Chadian securities, a risk weighting rate of 90% is applied, which reduces the capacity of this state to finance itself via the banking system

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