Republic of Congo's dollar bond slides after Trump travel ban

05 June 2025 - 10:00
By Duncan Miriri
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 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.

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