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Bonds: Cameroon repays more than 100 billion FCFA

21/10/2021
Categories: Index/Markets

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Cameroon, the main economy of CEMAC, is repaying more than 100 billion FCFA on its 2016-2021 and 2018-2023 bond loans.

       

the Bank of Central African States (Beac), central depositary of the unified financial market of CEMAC (Cameroon, Congo, Gabon, Chad, CAR and Equatorial Guinea), announces in two press releases published on October 20, 2021, that the Treasury Cameroonian public has just repaid for a total amount of 43.5 billion FCFA, the last installment of its bond loan called “ECMR 5.5% Net 2016-2021”, on the one hand; and on the other hand, that the country will pay, on November 15, 2021, an envelope of 58.4 billion FCFA, this time for the repayment of its bond loan "ECMR 5.6% Net 2018-2023 ". In total, it is a total envelope of 101.9 billion FCFA that the investors who trusted Cameroon during the two aforementioned fundraising operations, have been collecting since October 19, 2021, with regard to the 2016 loan. 2021; and are preparing to cash in from November 16, 2021, for the 2018-2023 bond loan.

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