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Financial markets: DRC raises over 59 million USD

04/06/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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Le gouvernement de la Democratic Republic of Congo (DRC) raised fifty-nine million, three hundred forty-three thousand US dollars (59.343 million USD) or 166.160 billion Congolese francs on the markets ; s finances through its Ministry of Finance.

A statement from the Ministry of Finance signed by Minister Nicolas Kazad mentioned that “the government, through the Ministry of Finance, has mobilized through the issuance of Treasury bills on the financial market 59, 343 million USD” through the issuance of Treasury bills on the financial market”. According to the press release, this financial operation carried out last Tuesday has a maturity of six months, a total of 4 bidders of which were served to be reimbursed by November 26, 2024 at the latest, with a coverage rate put out to tender of 214.48%, said the same source. In the Democratic Republic of Congo, it is the government that issues debt instruments through the Public Treasury.

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