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
Republic of Congo's dollar bond slides after Trump travel ban
Image: REUTERS/KEVIN LAMARQUE
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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