Cameroon to Sell First-Ever Treasury Bills, Minister Menye Says
This article is for subscribers only.
Cameroon plans to sell 200 billion CFA francs ($425 million) of government debt in its first-ever auction of Treasury bills to help finance energy projects, Finance Minister Essimi Menye said.
The central African nation will sell the securities within 30 to 45 days from now, Menye said in an interview today in the capital, Yaounde. He didn’t provide details on interest rates or the maturities.