Yaoundé - 27 January 2023 -

Beac market: Cameroon offered highest interest rate on Treasury bills in December 2022

Beac market: Cameroon offered highest interest rate on Treasury bills in December 2022
  • Comments   -   Wednesday, 18 January 2023 02:54

(Business in Cameroon) - In December 2022, the Cameroonian government offered an interest rate of 4.11% on its fungible treasury bills (BTAs) on Beac’s public securities market. Compared to the usual 3%, this is the highest rate the country has offered on this market in many years, according to the latest Beac monthly stats report.

However, the report highlighted, although the country has raised the cost of its BTA operations over the period under review, Cameroon remains the Cemac country with the lowest debt on the market. Official data showed that the average cost of BTA transactions peaked at 6.16% on the market in December 2022, nearly 2% higher than the rate offered by Cameroon.

Chad and Congo posted interest rates close to 7% (6.84% and 6.5% respectively), compared with 5.62% for Gabon. These rates are also the highest for the countries. Beac says this fueled the overall increase in market costs at the end of 2022, following the strong demand for financing by governments.


The Cameroonian government is continuing its process to extend the special tax on petroleum products to natural gas, despite a request from Gaz du...
For the first time, Cameroon has acquired a pavilion at the Paris International Agricultural Show (SIA). This year, the event will take place from...
The Cameroonian capital is hosting, starting today, a two-day international symposium on the management of companies active in the production and...
The Cameroonian population will soon experience episodes of rolling blackout, which the power utility Eneo blamed in a January 25 statement on the decline...

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 »