Cameroon’s Treasury will launch a public bond issuance program from March 17 to March 31, aiming to gather CFA145 billion through six long-term Treasury Bonds with varied interest rates. This adjustment reflects a response to market demands for higher returns, with borrowing costs for public debt having increased substantially since 2021, yet Cameroon maintains lower borrowing costs in the Cemac zone due to its solid debt repayment history.
Beginning on March 17, 2025, the Treasury of Cameroon will initiate a public bond issuance program in collaboration with the Bank of Central African States (BEAC). This initiative, set to conclude on March 31, aims to raise a total of CFA145 billion from investors, as stated by the Treasury’s general directorate within the Ministry of Finance.
In conclusion, Cameroon’s recent decision to increase interest rates is a strategic response to elevate competitive investment attraction in a challenging market. By offering varied rates for Treasury bonds, the government adapts to changing economic conditions while maintaining its longstanding reputation for reliable debt repayment.
Original Source: www.businessincameroon.com
