(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