Republic of Congo launches bond offering, to raise US$181

CONGO – The Republic of Congo has launched a public bond offering “EOCG 6.25% NET 2021-2026” which aims to raise 100 billion CFA francs (US$181.84m), at a net interest rate of 6.25% and a maturity of five years. In accordance with the announcements of the Congolese Ministry of Finance and Budget, represented by Minister Calixte Nganongo, the securities will be listed on the Central African Market Exchange (BVMAC). The offering period is open from March 12 to March 20, 2021. The nominal unit value of the 10 million securities will…

Read More