Since May 27, 2025, Cameroon has made the payment of the 3rd tranche of its 2022-2029 bond loan. This information was revealed in a press release issued on June 11, 2025 by the Director General of the Central African Securities Exchange (BVMAC), based in Douala, the economic capital of Cameroon. Louis Banga-Ntolo stated in the document that “collections began on May 28, 2025 at the counters of brokerage firms and custodian banks”.
In detail, the total outstanding amount of this debt, which is 61.6 billion XAF (105.5 million USD), including 14.6 billion XAF (25 million USD) in interest, will be refunded to investors who subscribed to this Cameroonian bond loan. The BVMAC press release specifies that “the net coupon to be received per bond amounts to 2,625 XAF (2000 XAF for capital repayment and 625 XAF for interest)”.
As a reminder, Cameroon’s 2022-2029 bond loan was listed on the BVMAC on September 28, 2022, with an interest rate of 6.5% for a maturity of 7 years. Out of a total of 239 billion XAF (410 million USD), the Cameroonian Public Treasury had raised 235 billion XAF (402.7 million USD). This was 35 billion XAF (60 million USD) more than the initial target of 200 billion XAF (343 million USD) that Cameroon intended to raise. The rush of investors towards this offer led the Cameroonian government to ultimately retain an envelope of 235 billion XAF. This was made possible thanks to the over-allocation authorization obtained from the Central African Financial Market Supervisory Commission (Cosumaf).
