logoBC
Yaoundé - 29 March 2024 -
Finance

Cameroon succeeds in mobilizing its highest Treasury bill issuance on Beac securities market, raising XAF50bln

Cameroon succeeds in mobilizing its highest Treasury bill issuance on Beac securities market, raising XAF50bln
  • Comments   -   Tuesday, 05 March 2019 13:52

(Business in Cameroon) - Cameroonian Teasury succeeds in mobilizing the XAF50 billion it was seeking through the issuance, on Feb 27, of a 26-week treasury bill on the Beac securities market, we learnt.

This is the highest achievement made by the country since the market was launched in December 2011. Before the operation, Cameroon had never raised more than XAF10 billion through treasury bills. Also, investors were less demanding in terms of remuneration, as the weighted average interest rate of this fundraising operation was just over 2.5%.

BRM

eu-pledges-over-cfa12bn-for-entrepreneurship-and-electricity-access-support-in-cameroon
The EU agreed to disburse over CFA12 billion to support growth-driven projects in Cameroon. The two related deals were signed in Yaoundé on March 26...
central-africa-set-for-highest-economic-growth-in-a-decade-amid-inflation-concerns
Growth within the Cemac region is expected to peak at 3.6% this year, according to the estimates of Beac’s Monetary Policy Committee (MPC), which met on...
mtn-cameroon-sees-record-growth-with-cfa325-7bn-revenue-in-2023-amid-market-challenges
MTN Cameroon reported a robust revenue of CFA325.7 billion for 2023. According to data released on the Johannesburg Stock Exchange in South Africa, this...
cameroon-s-customs-enforces-air-cargo-regulations-threatens-fines-for-non-compliance
Edwin Fongod Nuvaga, the Director-General of Customs in Cameroon, has issued a reminder to airlines about their obligations to comply with standard...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »