Cameroon to Issue Eurobond as Part of $1.7 Billion Borrowing
The proceeds will be used for development projects and the payment of debt arrears, President Paul Biya said in a decree on Tuesday. As much as 330 billion CFA francs will be raised from external sources, including a eurobond sale, Sylvester Moh Tangongho, director-general of the Treasury, said in emailed response to questions.
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