The demand for Cameroon treasury bills at the Central African States Bank (BEAC) market, recently witnessed low-high level since June 4, 2014 that there were released.

Government treasury bills worth some FCFA 10 billion have been subscribed to 197 % which is the lowest since January 2014.In May 28, 2014; it witnessed a subscription rate of 203%, against an average of 400% since January.

According to some financial experts, this rating downgrade government bonds, however, is not the result of a decrease in interest is causing Cameroon Treasury bills drop, but simply the result of constraints of banks issued by COBAC (The Banking Commission for the six Central African Member States) prudential ratios.

Also, we learn, already 6 months into 2014, many banks approved by the Cameroon Ministry of Finance as Specialists in Value of Treasury (SVT) they totally abstain from raising funds for tender sessions, or else put a damper on their dynamism in the capital market in order to remain within the range of compulsory annual ratios.

This may explain why only nine SVT attended the auction session on June 4 out of the 13 approved by the Ministry of Finance.