DRC: Treasury bills brought in $ 275.7 million in 2020

Treasury Bills brought in 551.3 billion FC (275.650 million dollars on the domestic financial market out of 566.8 billion FC targeted. The total amount of repayment was estimated at 570.3 billion FC in 2020 while the outstanding debt under the new Treasury bills increased from CF 112 billion in 2019 to CF 108.5 billion in 2020, the government said.

In accordance with the forecasts of the 2021 Budget, the State intends to issue Treasury Bonds and Bonds for a net amount of CF 252 billion. Confronted with the weakness of the mobilization of public revenue, the Congolese government launched in October 2019, Treasury Bonds to diversify its sources of financing to meet its increasingly high public spending.

For this purpose, a Treasury Bond is a debt security issued by the government and repayable through the public treasury. And when an economic operator or an individual buys a Treasury Bond, he lends money to the state and becomes its creditor. Guaranteed 100% by the issuing government, the Treasury Bond is one of the safest investments in the money market

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