For the second week in a row, the Government of Rwanda has not issued treasury bills (T-bills), signalling that it might have enough cash to meet its short-term obligations and that it doesn't need to raise additional funds.
For the second week in a row, the Government of Rwanda has not issued treasury bills , signalling that it might have enough cash to meet its short-term obligations and that it doesn't need to raise additional funds.
Lyna Muganwa Kadigwa, Investment Research Analyst at BK Capital, said it might be due to the recent disbursement of $164.6 million from the International Monetary Fund . Both the two IMF's facilities are instruments that provide funding to countries to fight against climate shocks and to help countries with short term balance of payment needs.
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