French 10-year bond yields hit a one-month low on Monday, pushing other euro zone sovereign yields lower, while a more cautious mood hung over world stock markets and the dollar, both of which struggled for clear direction. The fall in French bond yields came as polls showed centrist Emmanuel Macron would easily beat far-right candidate … Read more
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a Donald Trump presidency. US and European bond prices have sunk in expectation that he will enact inflationary policies that speed the pace of interest rate rises. On Monday, some bond yields – which rise as … Read more
The Ghana Cocoa Board (COCOBOD) has signed a $1.8billion cocoa syndicated loan agreement in Frankfurt, Germany, for the 2016/2017 cocoa crop year. The facility will go into the purchase of cocoa beans, pay bonuses and take care of other operations in the cocoa sector. Per the agreement, Ghana is entitled to an extra $200 million … Read more
Ghana Cocoa Board (COCOBOD) says it secured US$1.8 billion syndicated loan from a consortium of banks to allow it purchase cocoa beans for the 2016/2017 crop season beginning next month will hit Bank of Ghana’s account within the next two weeks. “The money will soon hit the account. Normally we will have to give them … Read more