The Democratic Republic of Congo borrowed nearly $65 million on the financial market as a result of the issuance of indexed bond treasury bills.

“The indexed bond treasury bonds issued on the financial market by the government, through the Ministry of Finance, yielded 65 million USD at an auction coverage rate of 54%,” the ministry said in a statement. He pointed out that a total of two bidders have been served for these three-month financial securities and will be repaid with an interest rate of 10%

A treasury bill is a bond issued by the government and repayable at maturity. In the Democratic Republic of Congo, it is the government that issues debt securities through the Public Treasury.

When an economic operator or an individual buys a Treasury bond, he lends money to the State and becomes, in a way, its creditor. 100% guaranteed by the government that issues it, the Treasury bill is one of the safest investments in the money market.