On Tuesday, 20 September 2016in Douala and Thursday, 22 September 2016in Yaounde, the State of Cameroon,

 

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Afriland first Bank Capital Markets
 PUBLIC BOND ISSUE BY THE STATE OF CAMEROON

(ECMR 5.50% NET 2016-2021)

On Tuesday, 20 September 2016in Douala and Thursday, 22 September 2016in Yaounde, the State of Cameroon, through the Minister of Finance, officially launched a public bond issue for the amount of CFAF 150,000 million. The ceremonies brought together the administrative authorities of the cities, businessmen and the various investment service providers involved in the operation, including the leading Consortium made up of Afriland First Bank, EDC Investment Corporation and Société Générale Cameroun. The characteristics of the bond issue are as follows:
  • Issuer: State of Cameroon
  • Amount: FCFA 150,000 million
  • Nominal Value: FCFA 10,000
  • Minimum subscription: 30 shares
  • Rate: 5.5% net
  • Maturity: 5 years
  • Subscription period: Tuesday, 27 September 2016 to Wednesday, 12 October 2016.