Rwanda will use part of its $620 million raised from its second Eurobond issued on Tuesday, August 3 to pay back part of its $400 million Eurobond that was expected to retire in 2023.

This is meant to reduce pressure on government coffers that have come under intense pressure due to pandemic related expenditures over the last 12 months.

For more information, please see https://www.theeastafrican.co.ke/tea/business/rwanda-10-year-eurobond-3496996