Audio By Carbonatix
The Ghana Stock Exchange is joining hands with financial consulting firm, SEM International to train regulators and players in the bonds market, on the rudiments in trading in long term securities.
Though the bond market has been the main source of raising long term funds for businesses in developed economies, the market in Ghana is not that developed.
The training over the next four days will seek to improve the skills of corporate treasurers, investment bankers and financial analysts.
Ekow Afedzi, Deputy Managing Director of the Ghana Stock Exchange told Joy Business a lot has to be done to improve the skills of the professionals in the industry.
“We don’t have much activities in this bonds. And not too many people have heard about the buying and selling of bonds."
Currently only two corporate entities, Standard Chartered Bank and HFC Bank have tested the bond market.
Government and corporate entities often issue long term securities to raise money from the public over a period at a fixed rate of interest.
Source: Joy Business/Myjoyonline.com/Ghan
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