Cameroon announces up to $300m tap of its 2033 USD Eurobond
On 7 October 2026 Cameroon announced plans to reopen its existing 8.875% international bond maturing January 2033 with an additional tranche targeting up to US$300 million, increasing the issue's outstanding from $850m to $1.15bn if fully subscribed to finance 2026 budget priorities and clear payment arrears.
The desk brief
On 7 October 2026 Cameroon announced plans to reopen its existing 8.875% international bond maturing January 2033 with an additional tranche targeting up to US$300 million, increasing the issue's outstanding from $850m to $1.15bn if fully subscribed to finance 2026 budget priorities and clear payment arrears.
Reopening the Jan-2033 line concentrates supply into the on‑the‑run benchmark, which can improve secondary liquidity and make the 2033 bond more attractive relative to similar-tenor Central/West African sovereigns. That may reallocate some secondary demand within the region, narrowing the 2033 spread versus peers if subscription succeeds; effects depend on final size, investor take-up and global UST/credit market moves.
Bookbuilding/pricing outcome and final amount sold (target up to $300m) or any change to structure or timing.
Sources & verification
Developing storyFurther independent confirmation is required.
- Cameroon plans US$300m tap of 2033 Eurobond - Africa Business Insightafricabusinessinsight.comSource published (opens in a new tab)
- Cameroon Plans to Raise $300 Million Through Existing 2033 Eurobondecofinagency.com (opens in a new tab)
Public references supporting this brief.
Price Discovery
Cameroon sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Repcam 31Jul 203196.56310.426%
- Repcam 32Jul 203284.5639.521%
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