đź’° Cabinet Okays Foreign Currency Bond Sale Locally
• The Cabinet has approved the issuance of foreign currency–denominated Bonds for sale in the domestic market. • This policy decision is designed to tap into local investor demand for foreign exchange instruments. • A recent survey indicated a strong initial investor appetite, estimating demand at approximately US$ 100 million. • The Bonds will be structured as short- to medium-term instruments, with maturities ranging from less than one year up to three years.
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