05 June 2025 1 Min Read
Republic of Congo's dollar bond slides after Trump travel ban
US President Donald Trump signed a proclamation on Wednesday banning the citizens of 12 countries from entering the US, including the Republic of Congo. File photo.
Image: REUTERS/KEVIN LAMARQUE
Image: REUTERS/KEVIN LAMARQUE
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The Republic of Congo's international bond dropped in early trade on Thursday after the country was included in a list whose citizens are banned from travelling to the US.
The bond, which matures in 2029, fell by 2.5 cents on the dollar to bid at $83.50, Tradeweb data showed.
US President Donald Trump signed a proclamation on Wednesday banning the citizens of 12 countries from entering the United States, citing threats. Seven of the countries are African.
Reuters
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