Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698079458142.pdf (Seychelles)
[23rd May 2022] Supplement to Official Gazette 305 S.I.

68 of 2022 PUBLIC DEBT MANAGEMENT ACT (Cap 302) International Bank for Reconstruction and Development — Seychelles First Fiscal Sustainability and Climate Resilience Debt, Order 2022 In exercise of the powers conferred by section 28 of the Public Debt Management Act, the Minister responsible for Finance makes the following order — Citation 1.
This order may be cited as the International Bank for Reconstruction and Development — Seychelles First Fiscal Sustainability and Climate Resilience Debt, Order 2022.

The loan 2.
The loan 2.

The Minister responsible for Finance has, in accordance with the provisions of section 4 of the Public Debt Management Act raised a loan for and on behalf of the Government from the International Bank for Reconstruction and Development under an agreement dated the 20 th December, 2021 the particulars of which are stated in paragraph 3.

Particulars 3.
The particulars of the Loan Agreement referred to in paragraph 2 are as follows — (a) Parties to the: transaction: (i) International Bank for Reconstruction and Development; (b) Amount of facility: (c) Purpose of the Facility: (ii) Republic of Seychelles; USD35,000,000/- (United State Dollars Thirty-Five Million only); To improve fiscal sustainability and enhance climate reliance development effectiveness of social protection programs; 306 Supplement to Official Gazette [23rd May 2022] (d) Terms of repayment: (e) Interest payable: (f) Manner to be accounted for: (g) Other particulars: MADE this 12 day of May, 2022. th Payable semi-annually on 15 January and 15 July, 2028 to 15 July, 2046; th th th IBRD Reference Rate for the Loan Currency plus a fixed spread payable on each 15 February and 15 August; th th To be treated as financing; Other particulars are contained in the Loan Agreement.
NAADIR HASSAN MINISTER OF FINANCE, NATIONAL PLANNING AND TRADE ———————