Programme
A structured sovereign financing framework supporting liquidity, transparency, and efficient market functioning across local markets.
The Euclid Programme operates within the Black Condor platform, providing a coordinated framework through which sovereign issuers, financial institutions, and investors participate in a structured short-term liquidity market.
It enables sovereigns to access more predictable funding, supports investor access to high-quality liquid instruments, and contributes to the development of stronger domestic financial market infrastructure.
Programme Overview
The programme is designed to support sovereign access to market-aligned financing while strengthening local money markets.
By connecting sovereign issuance with coordinated market infrastructure and institutional participation, it enables more consistent funding access and supports the development of resilient, liquid financial systems.
The structure draws on established international liquidity frameworks, adapted to the institutional context of frontier markets.
Use of Proceeds
Programme funding may support:
Budgetary needs
Infrastructure and development projects
Liability management initiatives