The Bank of Central African States establishes the hierarchy of commitments made on the community monetary market, dominated by Gabon, whose emissions account for 31.0% of the total volume of sovereign debt in circulation. The Congo records a nearly equivalent share with 29.6% of the total debt, placing the two oil-producing countries at the top of the regular borrowers on the sub-regional market.

Cameroon captures 19.7% of the Treasury values mobilized from Treasury specialists and institutional subscribers, positioning itself as the third actor in terms of capital raised. The other national treasuries solicit the market with a much lower intensity; Chad absorbs 11.4% of the sub-regional debt, while the Central African Republic and Equatorial Guinea bring up the rear with respective contributions of 4.3% and 4.0% of the total mass of negotiable claims.

These proportions highlight the preponderant weight of the treasury needs of Libreville, Brazzaville, and Yaoundé, which together account for more than 80% of the bond and monetary debt issued in the community space. The analysis of the issuing institute's figures underscores the unequal presence of sovereigns on the regional financial market to cover their budget deficits, finance public investment programs, and refinance short- or medium-term bond maturities.


Asaba

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