Yaoundé - 06 July 2020 -

Cameroon records success at its first 2020 fungible bills issuance with a 2.1% average interest rate

Cameroon records success at its first 2020 fungible bills issuance with a 2.1% average interest rate
  • Comments   -   Monday, 13 January 2020 13:09

(Business in Cameroon) - The Cameroonian Treasury succeeded in raising a total of XAF20 billion on the BEAC debt market at the end of a 26-week fungible treasury bills auction session organized on January 8, 2020.

According to the press release issued by the BEAC, this issuance was oversubscribed, with investors having offered up to XAF41 billion to the Cameroonian government. However, the country settled for half of the envelope, as initially planned.

This interest in Cameroonian government securities contributed to a slight decrease in the interest rates demanded by investors. According to the Central Bank's summary, the XAF20 billion raised by Cameroon on January 8, 2020, was at an average rate of 2.1%, against 2.3 to 2.5% in recent months.


“I'm very excited to join the dynamic and focused MTN team in Cameroon! Thanks for the warm welcome and kind messages of support.” This is the message...
Commercial Bank-Cameroon (CBC) informs that it achieved a positive result of CFAF 2.5 billion as of December 31, 2019. This represents an increase of CFAF...
From July 4 to 6, 2020, the turbines at the Memvé'élé hydroelectric power station, which currently only delivers about 80 MW out of an installed capacity...
On July 2, Cameroonian bank Afriland First Bank informed that the Central African Financial Market Supervisory Commission (Cosumaf) approved its...

Mags frontpage

Business in Cameroon n88: June 2020

Covid 19 Its impacts so far

Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»

Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts

Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »