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19:28
Congo issues its first US dollar bonds, raising $1.25 billion
Bloomberg, citing informed sources, reported that the country priced a $600 million 6-year note and a $650 million 11-year security, with yields of 8.75% and 9.5% respectively. The final order book exceeded $4.8 billion. Finance Minister Doudou Roussel Fwamba Likunde stated that the proceeds from the bond issuance will be used for investments in infrastructure, energy, and social development sectors. On April 8, the country promoted Eurobonds to investors.
19:21
Chicago wheat futures drop over 1.1%, soybean meal rises over 0.7%
CBOT corn futures fell by 0.61%, and CBOT wheat futures dropped by 1.16%. CBOT soybean futures rose by 0.19% to $11.6425 per bushel, soybean meal futures increased by 0.76%, and soybean oil futures were up by 0.31%. CBOT lean hog futures fell by 0.45%, live cattle futures rose by 0.65%, and feeder cattle futures increased by 0.75%.
19:01
The Federal Reserve's overnight reverse repurchase agreement (RRP) facility usage reached $402 million on Thursday.
Jinse Finance reported that on April 10, the US Federal Reserve's overnight reverse repurchase agreement (RRP) was used on Thursday in the amount of $402 million (by 4 counterparties), compared to $177 million in the previous trading day.
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