(Business in Cameroon) - Douala Stock Exchange (DSX) has made public the result of the bid with regard to the investment and negotiation of zero coupon Treasury bonds (bonds whose interest is paid in its entirety at maturity) of the National Refinery Company (Société Nationale de Raffinage - SONARA), following tender notice n°15 of 26 April 2017 dealing with the sale of 1237 shares.

Two investment service providers have been declared bidding winners. It concerns EDC Investment Corp which applied with an order to buy all the 1237 shares and BGFI Bank Cameroon which positioned itself for 526 shares. In the end, BGFI Bank signed an agreement for its 526 shares for an amount of FCfa 526 million in principal, covering all maturities 2018-2021.

EDC, finally signed two agreements. The first concerns 360 for an amount of FCfa 360 million in principal covering all maturities 2018-2021. The second agreement concerns 351 shares for a value of FCfa 351 million for the same period. All in all then it is the totality of 1237 shares that have been served, being a service ratio of 100%. The General Manager of the DSX, Pierre Ekoule Mouangue, invites these two winning bidders to contact the Caisse Autonome d’Amortissement (Autonomous Amortization Fund) to conclude the transactions.

Sylvain Andzongo