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Rwanda offers 10-year bond for sale in May

Pulse Staff
Pulse Staff 09:53 - 11 May 2015
KIGALI (Reuters) - Rwanda's government has issued a 10-year bond worth 10 billion Rwandan francs ($16 million) to finance infrastructure projects, the central bank said on Monday.
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The bank said in a statement the bond will have a market-determined fixed coupon rate, and the bids would be received between May 25 and 27. The bank did not specify which infrastructure projects would be funded by the bond's proceeds.

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($1 = 686.0000 Rwandan francs)

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