Republic of Chad raises bonds at BVMAC valued at FCFA 100 billion

BY NDUMBE BELL JOSEPH GASTON IN DOUALA The Republic of Chad is the latest among a good number of countries and corporate entities to have raised bonds at the Central African Stock Exchange (BVMAC) to the tune of FCFA 100 billion to nourish capital investments at this transitional period of the nation’s history and economy. The ceremony held at the headquarter precincts Friday March 24, of the stock exchange where the rate of the money raised was pegged at “EOTD 6.50% net 2022-2027” which means the loan will be reimbursed annually during a five year period as indicated. Mme Chief…