Congo: CFAF 45 billion to be repaid on the 2021-2026 bond issue

 Congo is preparing to honour the penultimate maturity date of its EOCG 6.25% NET 2021-2026 bond, by repaying 45 billion CFA francs to subscribers from 23 March 2025.

This operation, which raised 100 billion Fcfa in 2021, includes 7 billion Fcfa in interest and 37 billion Fcfa in principal.

The loan, which bears interest at an annual rate of 6.25% net, was arranged by the stockbroking firm ESS and the Commercial Bank of Cameroon (CBC). The funds were used to securitise part of the commercial debt and to finance public investment.

At the same time, Congo is preparing a new bond issue of 85 billion CFA francs in 2025, as part of an overall plan to raise 497 billion CFA francs on regional and international financial markets. This is a key strategy for strengthening public finances and supporting development projects.

Source: Eco Matin