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Emerging MarketsAfrica

Cameroon retreats to wider yield to hit $750m, slumps in secondary

Cameroon flag source Fotolia 230x150

The Republic of Cameroon reverted to launching its bond at a yield of 9.75% on Thursday — in line with initial price talk but at the wide end of the updated pricing range — in order to secure a larger deal than was on the table at the tightened level.

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