Reuters Terminal

BoG Auctions $1.8 Bn Cocoa Syndicated Loan From Today

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The Bank of Ghana(BoG) will today auction the first of three dollar auctions for this year to commercial banks in the country as part of moves to stabilize the cedi. The 1.8 billion dollar proceeds which are from the cocoa syndicated loan, will be embarked on this morning with a volume target of 20 million … Read more

BoG To Auction of $1.8bn Cocoa Loan To Help Stabilize Cedi

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The Bank of Ghana (BoG) will from this Wednesday, November 30 start selling part of the $1.8 billion dollar cocoa loan to commercial banks. The Central Bank to this end has released regulations for interested banks and the calendar to guide the auction. The Bank of Ghana in a notice said only those who are … Read more