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CEMAC market: Cameroon mobilizes CFAF 235 billion

30/05/2022
Categories: Index/Markets

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Through the bond issue "ECMR 6.25% net 2022-2029", the State of Cameroon has raised FCFA 235 billion on the Central African Stock Exchange (BVMAC). The operation was well received by investors with a subscription rate of 235 billion FCFA (385 billion dollars). The fundraising operation was initiated on the market of the Economic and Monetary Community of Central Africa (CEMAC). With a maturity of seven years and an additional period of two years, this call for public savings, whose initial amount requested was 200 billion CFA francs ($327 million), was a success.

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