Yaoundé - 02 December 2022 -

Cameroon: Average interest rates on treasury bills rise to 2.61% in Oct 2021

Cameroon: Average interest rates on treasury bills rise to 2.61% in Oct 2021
  • Comments   -   Friday, 12 November 2021 13:55

(Business in Cameroon) - In its recent report on the state of the CEMAC government securities market in October 2021, it appears that the cost of the treasury bills issued by Cameroon slightly rose during the period. 

Indeed, after dropping from a 3.11% peak in June 2020 to 1.98% in June 2021, the average interest rate on the bills issued by the country rose by 0.63 points to 2.61% in October 2021. 

This rate is not far from the 3.11% peak reached when the coronavirus was raging. The BEAC provides no reason explaining this rise but on closer observation, it seems it was due to declining liquidity in the coffers of investors who invested heavily in bonds and also to the poor dynamism of the secondary market. 

According to figures published by the BEAC, as of the end of October 2021, 71.7% of the yet-to-be-called government securities in the CEMAC market were bonds while 28.3% were treasury bills. In comparison, as of the end of June 2018, it was the other way round with treasury bills accounting for 73.8% of the yet to be called government securities. 


Cameroon coffee producers tripled their volumes to a total of 38,047 tons, including 6,386 tons of Arabica ad 31,661 tons of Robusta, during the 2021-22...
The prices of agricultural products exported by Cemac countries dropped 4.9% between July and September 2022. Over the previous quarter, the decline was...
The Cameroon Local Materials Promotion Authority (Mipromalo) inaugurated last November 29 its headquarters in Yaoundé. The ceremony was presided over by...
The Cameroonian government is mulling over creating a national fund for state employees. The information was reported by Prime Minister Joseph Dion Ngute...

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 »