Government has raised a total of 96.4 million dollars in its first local dollar denominated bond at a rate of 6.0 percent. Total bids were 99.6 million dollars but government accepted 96.4 million dollars, above its original target of 50 million dollars. By this, the cost of the bond is lower compared to government’s last … Read more
The sale of the first dollar-denominated bond for local investors begun on October 3 Government is looking at raising up to $100 million from its historic domestic dollar bond. The sale of the first dollar-denominated bond for local investors begun on October 3 and it’s expected to close on October 13, 2016. Sources say government … Read more
Information gathered by Citi Business News indicates that government has commenced meetings with local investors to raise its first dollar denominated bond locally. The Finance Minister, Seth Terkper met the investors in Accra last Friday to convince them invest in government’s upcoming $100 million bond this month. The bond, if successful will be used to … Read more