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Securities Market: FCFA 20 Billion Treasury Bills Issued

Cameroon has this February 12, issued 26-week fungible treasury bills on the BEAC’s government securities market, in an attempt to mobilize FCFA 20 billion of financing. This new fundraising operation comes at a time when the yield curve for Cameroonian public securities on the said money market reached a rate of 2.3 per cent in January 2020, for securities with the same maturity period. The yield curve ranges from 2.9 per cent for one-year maturity securities, to a little over 5 per cent for 3-year maturity securities. Five-year securities, on the other hand, have a yield of 5.7 per cent. All these bonds well for the CameSource : Annuaire statistique MINESUP 2012.

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