Audio By Carbonatix
The Bank of Ghana’s 3 and 5-year bonds starts selling today.
The Central Bank intends to raise some $30 million with the issue of the 3-year bond while the 5-year will raise about $50 million.
Investors had up to 12 noon Wednesday to buy the bonds.
Meanwhile foreign currency dealers believe this bond will strengthen the cedi against the foreign currencies. This is because they expect a lot of foreign investors to come in with their currency to buy the bonds.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Deloitte Ghana empowers over 4,500 SHS students through annual ‘Volunteer Day’ programme
21 minutes -
2023 African Games: Auditor-General uncovers GH¢208m debt despite GH¢2.2bn expenditure
22 minutes -
AG backs Supreme Court case seeking to open party primaries to all members
26 minutes -
Cash Reserve Ratio amendment: BoG likely to mop over GH¢16.0bn, exchange rate pressure to ease – Report
32 minutes -
Tryton Motors and JAC Motors reach agreement to become official GFA vehicle partner
42 minutes -
It’s very tough to be a musician in Ghana; everything is a loss – Camidoh
58 minutes -
Ghana has technical capacity, but capital remains key constraint in mining sector – Dr Boateng
60 minutes -
Don’t accept financial terms blindly – Amma Gyampo advises consumers
1 hour -
Senegal president appoints economist as prime minister after political rift
1 hour -
Ghanaian participation in extractive sector must increase – Expert
2 hours -
Government must make industrialisation a condition in mining contracts — Ayi-Owoo
2 hours -
Inside Audit Report: Check the alleged inflated contracts in 2023 African Games
2 hours -
J.Derobie reunites with Gold Up Music on new dancehall release ‘Start Over’
2 hours -
Mawuli School PTA donates desks, water tanks to improve academic environment
2 hours -
Hybrid funding approach key to strengthening local mining participation — Mineral economist
2 hours