Launching of the national loan for the financing of the economy

emprunt-600x338The Embassy of Algeria in London has the honour to inform the Algerian citizens, residents in the UK and Ireland, that the Ministry of Finance has issued a national loan to finance the economy. The subscription to these bonds is open to the public since April 17, 2016 and will not exceed six (06) months.

These bonds are valued at 50,000 dinars each with attached coupon payable every year.  The coupon rate is fixed according to the repayment period: 5% for 3 years bonds and 5.75% for 5 years bonds.

The coupon rate applicable in case of early repayment, is prorated accrued days after the last coupon payment.

These bonds can either be registered or bearer bonds at the investor’s option, and are freely negotiable instruments with a stated maturity date and coupon interest rate (bought and / or sold to individuals or legal entities).

The acquisition of those bonds can only be done through some institutions based in Algeria.

For more details, please visit the website of the Secretariat General of the Government to download the Journal Officiel de la Republique Algerienne, N°20, published on March 30th, 2016, by following the link below:

or visit the website of the Ministry ofFinance :