DRC: launch of Treasury Bonds indexed at the rate of 10%




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The Congolese Ministry of Finance launched, on Tuesday August 16, 2022, an auction of indexed Treasury Bonds in the amount of 225 billion CDF (112.5 million USD) for a period of two years. These financial securities, according to the press release from the Ministry of Finance, will be granted with an interest rate of 10% per year and for 4 interest payments in the year. While the repayment of the principal will be done every 6 months. Subscribers were required to submit their bids to the Central Bank of Congo on Tuesday, August 16 before 11 a.m. As for the settlement of subscriptions, it will be made on