In DR Congo, the three-month treasury bills served to two bidders at an interest rate of 27% and auctioned on February 23, 2021, brought in 9 billion FC (4.5 million USD) out of the 20 billion FC (10 million USD) expected, i.e. a coverage rate of 45%. Added to the four lots of Treasury Bonds launched at the beginning of February 2021, the Congolese government will have raised 52.06 billion FC (26.03 million USD) out of the 80 billion FC (40 million USD) targeted, compared to the month January, during which the government raised only 6 billion FC (3 million USD) out of the 40 billion FC targeted, ie an achievement rate of 15%.
TOP NEWS
- Fazila Dahall honored by the Pakistan Federation of Business and Professional Women’s Organization (PFBPWO)
- Firstbank announces a name change of its subsidiaries
- Citi launches first City Builder platform in Sub-Saharan Africa
- AGL (AFRICA GLOBAL LOGISTICS,) at the heart of Africa’s transformation
- Africa urgently needs concessional financing to build resilience against shocks, experts say
- [Opinion] Why bankable projects are key to win-win US-Africa investment
- Bolloré Africa Logistics in Rwanda contributes to historic vaccine production project in Africa
- Afreximbank enhances financing facility for Fidelity Bank plc, from US$125 million to US$180 million