Africa

Rwanda issues $20m infrastructure bond

by DigitControl

February 29, 2016 | 3:55 pm
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Rwanda has issued a five-year Treasury bond worth 15 billion Rwandan francs (20 million dollars) to be used for infrastructure projects, the central bank said.

The National Bank of Rwanda said the bond, which had a final coupon and yield at 12.00 per cent, had a subscription rate of 226.12 per cent.

Rwanda will next issue a 15-year bond on May 25, the bank added.


by DigitControl

February 29, 2016 | 3:55 pm
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