In a tender notice published on its website on May 25, 2026, the Central Bank of Central African States (BEAC) indicates that it is “launching a main liquidity injection operation on the money market” for an amount of 500 billion CFA francs (around 885 million USD). This operation is conducted at variable rates, with a fixed call rate of 4.75%. It takes effect on May 28, 2026 and matures on June 4, 2026.
After several irregular banking requests in recent times, this new offer confirms the central bank’s return to a level of intervention that we are used to seeing. Thus, on May 5, 2026, with a bid of 500 billion CFA francs by the BEAC, commercial banks and credit institutions had expressed needs totaling 572.2 billion CFA francs (around 1.02 billion USD). This was significantly higher than the initial liquidity offer.
Faced with this rush of credit institutions to this liquidity offer, the issuing institute common to the countries of the Economic and Monetary Community of Central Africa (CEMAC) had increased its fund, which, on May 12, 2026, stood at 550 billion CFA francs (nearly 975 million USD). However, commercial banks only requested 364.2 billion CFA francs (around 645 million USD). A week later, on May 18, for the same amount offered, CEMAC banks only captured 426 billion CFA francs (around 754 million USD).
It is worth noting that in 2026, these fluctuations in offers and demands contrast with the record levels reached from September 2025. Indeed, a year ago, the needs expressed by commercial banks had exceeded 650 billion CFA francs (1.15 billion USD). Then, it had increased to 800 billion CFA francs (around 1.42 billion USD) in October.
