Kinshasa, June 23rd, 2025 (CPA).- The government of the Democratic Republic of Congo, through the Ministry in charge of Finance, plans to raise USD 40 million on June 24th 2025 on the local financial market through the issuance of Treasury bills, according to a statement seen by CPA on Monday. ‘The Ministry in charge of Finance announces the opening of an auction of Treasury bills in US dollars on June 24th 2025, under the following conditions: Amount announced: USD 40 million, and duration: 3 months, September 23rd, 2025,’ has said the statement of the Ministry in charge of Finance . According to the source, this issue has a maturity of three months, marking a change from recent auctions, which generally have a maturity of 18 months. The source has specified that the interest rate applicable to this transaction has not yet been communicated by the financial authorities. In addition, the Ministry in charge of Finance has indicated that the deadline for submitting bids is Tuesday, June 24th, at the Central Bank of Congo (BCC) before 11 a.m. Any bids submitted after the deadline will be rejected. This auction comes a week after USD 66 million was raised in a similar operation. The issuance of indexed treasury bills and indexed treasury bonds enables the government of the Democratic Republic of Congo (DRC), which is the issuer, to offset deficits in the mobilisation of public revenue.
DRC government continues to issue indexed treasury bills and indexed treasury bonds to obtain more resources for its policy.