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The National Bank of Ethiopia has issued Directive No. MFAD/TBOND/002/2025 to repeal the Treasury Bond Purchase Directive No. MFAD/TRBO/001/2022, effective June 30, 2025, with transitory provisions in place for outstanding Treasury Bond allotments. The repealed directive will still govern Treasury bonds issued before the effective date or those purchased under the transitory provision, which must be settled by July 15, 2025.
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