logoBC
Yaoundé - 19 October 2019 -
Public management

Cameroon to mobilize XAF50-100bln on the Beac securities market

Cameroon to mobilize XAF50-100bln on the Beac securities market
  • Comments   -   Thursday, 06 June 2019 16:33

(Business in Cameroon) - On 5 June 2019, the Cameroonian government issued 5-year fungible treasury bonds (OTAs) to mobilize between XAF50 and 100 billion on the securities market of the Beac, with an interest rate of 5.6%.

This fundraising operation is part of a series of three, launched on 15 May 2019, to mobilize a total of XAF150 billion on the market. According to an information note issued by the Ministry of Finance, these funds will be used to carry out certain infrastructure projects in the country. The most important of these projects is the construction of the Yaoundé-Nsimalen motorway, which will cost XAF25 billion.

BRM

france-first-supplier-of-imported-products-under-cameroon-s-economic-partnership-with-the-eu
Between August 4, 2016, and August 4, 2019, under the economic partnership agreement with the European Union, there were four main suppliers for products...
cameroon-successes-and-challenges-of-the-construction-of-the-nationale-n-15
While the lot 4 (44.9-km Yoko-Lena section) of the Nationale n° 15 Batchenga (Centre)-Ntui-Yoko-Lena-Tibati (Adamaoua) has been completed already,...
cemac-authorities-praise-a-rise-in-the-volume-of-currency-channeled-back-by-banks-to-the-beac
At the end of the ordinary meeting of the Central African Monetary Union (UMAC)’s ministerial council, in Yaoundé, on October 2, 2019, CEMAC authorities...
cameroon-18-carriers-authorized-to-operate-in-nov-2019-march-2020
Cameroon Civil Aviation Authority (CCAA) recently published the winter 2019/2020 flying schedule of carriers operating in Cameroon. For the winter, which...

Mags frontpage


Business in Cameroon n80: October 2019

Agribusiness: Brazil ready to show Cameroon the way to higher spheres


Reviewing the state of things in the North and Far North


Investir au Cameroun n90: Octobre 2019

Le coût faramineux de la « crise anglophone »


Décollage réussi pour la Transahélienne de Camair-Co