in Short
DRC : Issuance of $26 million Treasury Bonds on the local financial market
According to the Ministry of Finance, the DRC raised $26 million on the local financial market for US dollar-denominated Treasury Bonds on April 16, 2024, covering 65% of the total auction of $40 million. The maturity is 6 months with a maximum accepted rate of 10%. This issuance aims to offset deficits in public revenue despite improvements due to the rise in prices of mining products.