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Vol 62 No 16

Published 5th August 2021


Going to market

Rwanda became the latest African sovereign to benefit from money markets issuing US$620 million of international bonds on 2 August. The sale, only the second by Rwanda, at an interest rate of 5.5%, follows lower than expected interest rates on paper issued by Ghana and Benin in July, and dollar debt sales by Cameroon, Kenya and Senegal in June.

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