For its issuance of 6-year assimilable Treasury bonds (OTA), remunerated at 6%, the Cameroonian Treasury finally received an envelope of 34.8 billion FCFA, out of the 50 billion FCFA requested. Data from the central bank, however, reveals that investors have subscribed up to 40.2 billion FCFA out of the 50 required.

This is the 2nd operation of this type carried out by the Cameroonian Treasury in the 2nd quarter of 2021, during which it is planned to raise a global envelope of 100 billion FCFA, according to the provisional program of operations on the public securities market of the Beac, published by the Department of Finance. According to the public authorities, the financing thus mobilized is used to carry out investment projects across the country. Cameroon, certainly because of its policy of low interest rates, seems to have preferred to be satisfied with an envelope of 34.8 billion FCFA. "Cameroon is today the only country south of the Sahara that is still indebted at interest rates of less than 3% for short maturity securities and less than 7% for long maturities," Sylvester Moh often likes to recall, the Director General of the Treasury, Financial and Monetary Cooperation at the Ministry of Finance.