Mboa'Actu

Douala Stock Exchange to list its 4th bond in January 2014

Internal sources at Société commerciale de banque Cameroun (SCB Cameroun), the arranger of the last public offering launched by the State of Cameroon, say that Cameroon’s 2013-2018 bonds, which enabled 80 billion FCfa in funding in December 2013, will be listed on the Douala Stock Exchange (DSX) in January 2014. With this listing, the Cameroon financial market will have four bonds – the Central African States’ Bank, Société financière internationale (Sfi), and two bonds from the State of Cameroon in 2010 and 2013. These new State bonds on the DSX’s secondary market will, in principle, breathe some new dynamism into the Cameroonian financial market. Indeed, according to the Alamine Ousmane Mey, then Minister of Finance in 2013, the 2011 issuance with BEAC, particularly Treasury goods, was a veritable breath of fresh air for the DSX

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