Cameroon prepares new bond issue on BVMAC, most expensive in 13 years

The Cameroon Treasury has announced plans to launch a new bond issue on the BVMAC regional financial market to raise FCFA200 billion. This will be the most expensive operation since December 2010, we learnt. Initially scheduled for May 2023, the fundraising may be delayed by a few weeks at the request of market intermediaries. Sources revealed that this postponement was requested due to a lack of agreement between the government and the consortium of arrangers, specifically regarding interest rates. The arrangers selected for the fundraiser include Afriland Bourse & Investissement, Société Générale Capital Securities Central Africa, Attijari Securities Central Africa,…