Audio By Carbonatix
The Bank of Ghana said it will auction on Dec 8 an additional 200 million cedis of the five-year bond it first issued on August 1 after an auction where it sold 301 million cedis worth at a yield of 14.25 percent.
It said the coupon rate would be 14.25 percent and that the auction would be open to resident and non-resident investors.
It said in a statement the aim of the issue was to partly finance the redemption of a five-year bond maturing this December and the construction of four major road projects.
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
-
When revenue collection hurts business
14 minutes -
Creative Canvas 2025: Shatta Wale – Disruption as a strategy, dominance as the result
46 minutes -
Is talk of “losses” by GoldBod just abstract drivel? Bright Simons asks
2 hours -
US Strikes: Ondo Amotekun arrests 39 fleeing suspected terrorists
2 hours -
New Passport Office opens in Techiman, bringing vital services closer to Bono East residents
3 hours -
Anthony Hopkins shares advice as he celebrates 50 years of sobriety
3 hours -
KTU Radio wins international award for its unique programme on World College Radio Day
3 hours -
German court jails man for drugging, raping and filming wife for years
3 hours -
Ashanti police intercept 2,600 AK-47 rounds and tactical gear at Asankare Barrier
3 hours -
Alhaji Agongo builds lifeline facility for Ghana Police Hospital’s ‘Unknown Patients’
3 hours -
Removal of Chief Justice Torkonoo had economic implications – Samson Lardy Anyenini
3 hours -
Ronaldo will not retire until he scores 1,000 goals
3 hours -
Amerado shuts down Okese Park with third edition of My Motherland Concert in Ejisu
4 hours -
Mahama visits Kufuor at Peduase to extend Christmas and New Year wishes
4 hours -
Man City close to agreeing terms Bournemouth to sign Semenyo
4 hours