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Yaoundé - 25 April 2024 -
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Cameroon: Government securities’ return rates on Beac market were between 2.6-7.5% in September 2018

Cameroon: Government securities’ return rates on Beac market were between 2.6-7.5% in September 2018
  • Comments   -   Thursday, 25 October 2018 03:07

(Business in Cameroon) - In September 2018, government securities issued by Cameroon on the Central African States Bank (Beac) securities market provided investors with return rates ranging from 2.6 to 7.5%, depending on maturity period, an official Beac analysis revealed.

The document said, 13, 26 and 52-week Treasury bills, which are the most issued by the Cameroonian Treasury on this market, achieved return of 2.6%, 2.7% and 3.3% respectively. The rate reached 5% for 3-year maturity securities and up to 7.5% for 5-year maturity securities.

Let’s recall that since 2017, the Cameroonian government has limited itself to issuing public securities with a maturity of up to 52 weeks (1 year), following the limited success for 2-year Treasury bond issuance, in past years.

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