The global repayment includes a principal of 78.6 billion FCFA, to which are added annual interest coupons of 5.8% representing an additional payment of 4.5 billion FCFA. Such an operation definitively settles a three-year financing cycle and validates the reliability of Cameroon's financial signature on the unified financial market of Cemac.

The now-closed financing line constituted the first tranche of a large-scale public savings appeal. In 2023, the Cameroonian government introduced a major innovation in the community area by experimenting with a multiple-tranche borrowing mechanism. This method offered diversified investment horizons, flexibility that allowed for the collection of 176 billion FCFA for an initial target of 150 billion FCFA.

The structuring of the file responded to the constraints born from the tightening of the monetary policy of the Bank of Central African States. Faced with the generalized increase in interest rates, the mechanism offered subscribers the freedom to arbitrate between short-term investments and longer maturities with higher returns.

The meticulous respect of the repayment schedule sends a signal of macroeconomic stability in a refinancing environment that has become rigid. The disinterest of creditors on the agreed-upon date consolidates relations with banks, insurance companies, and savers in the community.

The success of the debt settlement guarantees healthy bases for future solicitations of the capital market. The financing needs related to transport and energy infrastructure projects maintain the obligation for the Public Treasury to preserve fluid access to the region's liquidity, an ambition facilitated by the success of the current operation.


Bernardo

Tags: marché financier cameroun dette publique remboursement financement cemac économie africaine investissement taux d'intérêt