logoBC
Yaoundé - 26 March 2019 -

port douala uk 1

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

Mags frontpage


Business in Cameroon n73: March 2019

A heavy import bill

An expert review of Cameroon’s agricultural sector



Investir au Cameroun n83: Mars 2019

La douloureuse facture des importations

Parole d’expert : le point sur le secteur agricole camerounais