In the Democratic Republic of Congo, the treasury bonds launched on March 1, 2022 by the government on the local financial market yielded CDF 35.07 billion (USD 17.5 million) out of the initial solicitation of CDF 30 billion (USD 15 million). .
Official data indicates that out of three contending bidders, two were served at the accepted limit interest rate of 4.75%. In total, bids reached 62.07 billion CDF (31.35 million USD) on these three-month financial securities, i.e. a bid coverage rate of 206.09%.
The country, faced with weak revenue mobilization, has been relying on these resources since October 2019 to finance its budget.