IFC tips local issuers to follow Rwandan franc debut

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IFC tips local issuers to follow Rwandan franc debut

The International Finance Corporation is hoping that its sale of the first local currency bond in the Rwandan market last week will encourage growth in the country’s capital markets. Coupled with greater attention to the capital markets by Rwanda’s government, the supranational expects Rwandan companies to begin issuing bonds in the near future.

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