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Treasury bills: Congo launches a USD 15 million operation

13/04/2022
Categories: Index/Markets

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The Ministry of Finance of Congo launched this Tuesday in Kinshasa an auction of treasury bills worth 30 billion FC, or 15 million USD.

This auction is for a period of six months, the treasury bills must be subscribed on Tuesday, April 12, before 11:00 a.m., Kinshasa time, at the Central Bank of Congo or via the Internet platforms. The announcement of the results is set for the same day before 15:00 while the settlement of subscriptions is scheduled for Thursday, April 14, said a statement from the Bank. The document reminds that for this second quarter of the current year, the government plans to mobilize 210 billion FC, or 105 million USD, including 60 billion FC, or 30 million USD, for this month of April 2022.

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