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References

Sources and references

The figures published on this site rest on identified documents. Each source carries its access date, a link to the original and, where possible, an archived copy.

Official documents

General presentation of the government securities market

BEAC · Accessed 2026-08-16

What is drawn from itMarket opening in November 2011, entry dates of the six states, role of the national directorates and the CRCT, obligations of treasury securities specialists on the secondary market.

Agreement consolidating BEAC claims on the Chadian Treasury

Ministère des Finances et du Budget, République du Tchad · Accessed 2026-08-16

What is drawn from itMonetary policy committee session of 22 March 2017: progressive phase-out of advances to national treasuries, ceilings reduced by one tenth a year.

2026 finance act, explanatory memorandum

République du Cameroun, Direction générale du Budget · Published 2025-11 · Accessed 2026-08-16

What is drawn from itExtension to securities issued by the other CEMAC states of the IRCM exemption previously limited to Cameroonian government securities. No article number is given here: it remains to be confirmed against the enacted text.

Tax on income from movable capital

Direction générale des Impôts, République gabonaise · Accessed 2026-08-16

What is drawn from itRates applicable to income from movable capital in Gabon, including 10% for bonds with a maturity of at least five years issued in Gabon.

Press and analysis

Cameroon extends the tax exemption on government securities investments

Investir au Cameroun · Published 2025-12-18 · Accessed 2026-08-16

What is drawn from itIRCM rate of 16.5%, including 1.5% of additional municipal levies.

CEMAC debt and the FCFA

Financial Afrik · Published 2026-04-15 · Accessed 2026-08-16

What is drawn from itStructure of the outstanding stock: bonds account for FCFA 7,835.2bn, or 82.9% of the total.

BEAC's reminder to banks and brokerage firms

Financial Afrik · Published 2021-06-29 · Accessed 2026-08-16

What is drawn from itOutstanding treasury securities at 31 December 2020: FCFA 3,225bn, the starting point for the average annual growth calculation.

Cameroon: the main changes in the 2026 finance act

Deloitte Société d'Avocats · Published 2026-04-09 · Accessed 2026-08-17

What is drawn from itThe extension of the IRCM exemption to interest on debt securities issued by CEMAC member states brings domestic law into line with the applicable community regulation.

IRCM now exempt on government securities of CEMAC member states

Africa24 · Published 2025-12-19 · Accessed 2026-08-17

What is drawn from itComposition of the 16.5% levy: a 16% tax plus 1.5% of additional municipal levies. At end-February 2025, Cameroonian investors held more than half of the debt raised by CEMAC states on the sub-regional market.

Official documents are reachable through their original link and, where applicable, through a copy held on this site. Press articles are not reproduced here: they remain available from their publisher, alongside an Internet Archive snapshot where one exists. Figures quoted are as at the date shown and may have changed since.