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CEMAC: BEAC Injects Nearly US$2.5 Billion in Two Weeks
Summary by Financial Afrik
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The Bank of Central African States (BEAC) is stepping up its openness in the face of an unmistakable bank appetite. In the space of two weeks, the issuing institution involved CFAF 1,300 billion (USD 2.3 billion) in the money market through two main auctions. First CFAF 600 billion (approximately USD 1.06 billion) on 11 August 2026, then CFAF 700 billion (still USD 1.24 billion) on 18 August, for a deadline set for 27 August. Read more»
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