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Financial market: DRC launches more than 110 billion Congolese francs in Treasury Bonds

21/05/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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The Ministry of Finance said in a press release published on Saturday that the government of the Democratic Republic of Congo (DRC) has launched on the market financing an amount of 40 million USD, or more than 110 billion Congolese francs in Treasury Bonds.

The ministry's press release indicates that “the government, through the Ministry of Finance, has announced the opening of an auction of US dollar treasury bills on the financial market of 40 million USD on the financial market, i.e. more than 110 billion Congolese francs at the rate of 2,750, the American dollar”. The source indicates that bidders interested in this operation are asked to report to the headquarters of the Central Bank of Congo (BCC) style="font-family: "Bookman Old Style”, "serif"> Tuesday, May 21 before 11 am local time. Any submission submitted after the set time will be rejected according to the press release.

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