IFC Issues $17BN Bond to Boost Rwanda’s Local Capital Market
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IFC Issues $17BN Bond to Boost Rwanda’s Local Capital Market
The International Finance Corporation (IFC) has successfully issued a RWF 24 billion (approximately $17 million) bond in Rwanda’s domestic capital market—its first Rwandan franc-denominated onshore bond since 2014. This eight-year amortizing bond is now listed on the Rwanda Stock Exchange and received strong investor interest, being oversubscribed by 1.75 times. The bond carries a 10.50% … The post IFC Issues $17 Billion Bond to Boost Rwanda’s L…
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