The Ghana Stock Exchange (GSE) is impressing on companies to utilize the Ghana Fixed Income Market (GFIM) to raise funds for their operations. According to the managers of the GSE, the ready market for bonds should make it easier for businesses to adopt the platform to raise corporate bonds and meet the demand. “The market … Read more
The overwhelming success of government’s debut local dollar bond could serve as a precedent for bigger and longer term issuances, Kofi Awuku, a member of the book building team has said. The results of the bond issued last week beat government’s expectations by almost twice the US$50 million the state planned to raised; proving the … Read more
The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by government and targeted at investors resident in Ghana and Ghanaians abroad, has been well received, with bids rushing in, bookrunners have told the B&FT. “We have people calling everyday about how to get their bids in; it has … Read more