(Business in Cameroon) – The CEO of the Central African Stock Exchange (BVMAC) announced earlier this week that over CFA29 billion will be refunded to investors on December 8, 2024. The funds will be provided by the Central African States Development Bank (BDEAC) as part of the “third payment” on the bond issue “BDEAC 5.6% net 2021-2028.”
Listed on the BVMAC bond market since March 11, 2022, this bond helped BDEAC raise CFA100 billion. Of the over CFA29 billion to be refunded, CFA6.4 billion represent the interest.
In 2023, the regional financial institution paid BVMAC investors CFA57 billion in interest payments on its various bonds listed on the market. This amount alone accounted for 74.5% of the total interest (CFA76.5 billion) paid to active investors in the bond market of BVMAC that year.
