East Africa

Rwanda issues 15-year bond worth $13mln

Rwanda Bonds

The Government of Rwanda issued a 13 million dollar 15-year bond which is the longest tenured bond since Treasury bond issuing commenced in 2008.

The issuance revealed a sturdy appetite from the retail investors attested by 48 retail orders from the 57 applications received.

Thomas Kigabo, Chief Economist at the National Bank of Rwanda joins CNBC Africa to break down the recent bond auction.

CNBC Africa


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