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Cameroon covers 227.41% of tender issued January 21

Cameroon Treasury DG

Tue, 27 Jan 2015 Source: PANA

The public Treasury of Cameroon has covered a rate of 227.41% of the amount put out to tender by bids on Treasury Assimilable (OLT) at 26 weeks, issued January 21, noted Beac.

This financial transaction including the amount announced by the Treasury was 10 billion CFA francs, the total bids reached 25,741 billion CFA francs, but only 10 billion CFA francs have been served.

The proposed minimum rate was 1.90%, the maximum rate of 4.5%, the rate limit of 2.10% weighted average interest rate of 1.9%.

Thirteen specialists in value of Treasury (SVT) approved by the Ministry in charge of finance in Cameroon, 10 have actually bid.

Source: PANA