Cameroon paid CFA1.750 billion in interest
on the Beac public securities market. This interest payment is related to a
10-year fungible Treasury Bond (OTA) issued in May 2020, according to Beac's
market operations dashboard for the week of May 9-13, 2022. The operation
carried an annual interest rate of 7%.
As a reminder, on May 2, 2022, alone, the
Cameroonian Treasury made simultaneous repayments on this same market for a
total amount of more than CFA36 billion. This move strengthens the country’s
credit worthiness. Cameroon Business News
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