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
-
Ghana’s problems solvable but not with square pegs in round holes
1 hour -
Gospel veteran Dr. Collins Nyantachie returns with soothing album ‘Obe Tumi Ay3’
2 hours -
Sissala West MP launches maiden teacher awards and scholarship scheme
2 hours -
Paramount chief appeals to gov’t to build new regional hospital in Jirapa
3 hours -
Jirapa MP donates bedsheets to St. Joseph Catholic Hospital amidst appeals to upgrade 70-year-old facility
3 hours -
Tamale Central MP: Better schooling key to bridging north-south divide
3 hours -
“An Incredible Ghanaian Enterprise”: Asantehene hails KGL Group at coronation ball
4 hours -
Mahama pledges 40 additional armoured vehicles to bolster police operations
4 hours -
One dead as gunmen attack passenger bus in bloody Walewale-Nasia highway ambush
5 hours -
[Video] Bawumia and Asiedu Nketia unite at SDA anniversary in Sunyani
5 hours -
IGP sounds alarm over police-to-citizen ratio as Lower Manya Krobo gets new HQ
6 hours -
Bringing back ‘By The Fireside’: Ohio University’s Emmanuel Mensah calls for digital entertainment education revival
6 hours -
Chief of Staff announces Presidential Delivery Unit to track government commitments
7 hours -
Barcelona move to within two points of La Liga title with Osasuna win
7 hours -
World Relays: We can’t afford to miss out again” — Amenakpor rallies Ghana after relay setback
7 hours