World Bank debuts in Rwandan franc

By Frank Jackman
20 Jan 2020

The World Bank made its first visit to the Rwandan franc market last week, place what Dealogic indicates is the first deal in the currency since 2015.

World Bankprinted a Rwf37bn ($39.6m) 9.25% January 2023 note on January 16. The note pays and redeems in dollars. Citi priced the deal at par.

“We appreciate the World Bank issuing its first bond in Rwandan franc and providing their support for our growing domestic capital ...

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