Kinshasa, October 28, 2024 – An ambitious new development has emerged in the financial world of the Democratic Republic of Congo, with the recent fundraising carried out by the government. An impressive amount of 55 million US dollars, equivalent to nearly 154 billion Congolese francs, was obtained through the issuance of Treasury bills on the financial market. This initiative was hailed as a real success by the authorities, thus demonstrating the confidence of investors in the Congolese economy.
The financial operation, with a maturity of two years, attracted the interest of four bidders who will be repaid by Friday, October 23, 2026. At the same time, another issuance of Treasury bills raised 50 billion Congolese francs, or approximately 17 million US dollars, on the financial market. This demonstrates the Congolese government’s ability to mobilize significant resources to support the country’s economic development.
Treasury bills are debt securities issued by the State and repayable at maturity. In the Democratic Republic of Congo, these financial instruments are issued by the Public Treasury, thus enabling the State to finance itself while offering investors a safe and 100% guaranteed investment. This fundraising demonstrates investors’ confidence in the country’s economic stability and strengthens the government’s credibility with international financial markets.
In conclusion, this successful fundraising operation is a positive signal for the Congolese economy. It demonstrates the government’s ability to mobilize significant financial resources and stay on course for sustainable and prosperous development. The funds thus obtained can be invested in infrastructure, health, education and other key sector projects, thus contributing to the country’s economic growth and the well-being of its population.