Congo and Chad Engage in Public Securities Market at BEAC
The Republic of Congo successfully raised 101.2 billion FCFA through public securities, achieving 83.3% of its target during eight emissions from July 21 to 28, 2026. Meanwhile, Chad is seeking to raise 96 billion FCFA through a series of seven emissions, despite previous under-subscriptions in its public offerings.
Congo's Successful Fundraising
Between July 21 and 28, 2026, the Congolese Treasury conducted eight emissions on the BEAC public securities market, successfully raising 101.2 billion FCFA. This amount represents 83.3% of the total sought by the government, indicating a strong interest from investors across various maturities and instruments. The successful emissions reflect a positive sentiment towards Congo's financial instruments, which could enhance future fundraising efforts.
Chad's New Public Securities Initiative
In contrast, the Chadian Treasury is attempting to raise 96 billion FCFA through a series of seven emissions on the BEAC market. These emissions will range from 52 weeks to 7 years in maturity. However, Chad's recent public offerings have faced challenges, as previous auctions were under-subscribed, raising concerns about investor confidence in the country's financial stability.
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