
Audio By Carbonatix
The Bank of Ghana will today issue a three year bond to raise 300 million cedis to finance government infrastructure projects.With return on the two year fixed rate note currently pegged around 21 percent, analysts expect today’s auction to offer the highest return in recent times to investors.The bond which is open both to local and foreign investors could be deemed timely as inflows from especially foreign investors could help stabilize the Ghana cedi. Officials of the Bank of Ghana have told JOY-BUSINESS they expect foreign investors to take up a chunk of the auction.The Bank of Ghana’s in February issued a three year bond which was heavily oversubscribed. This will be the third bond issue by Government so far for this year with plans to also issue a five year bond in June to raise 200 million cedis to pay previous debts that are maturing.
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
-
Rawlings rejected UDS and FPSO naming honours, Mahama reveals as NDC renames HQ after him
7 minutes -
Power outage hits Western Region after broken high tension pole at Half Assini
14 minutes -
Over 2,000 displaced as devastating floods wreak havoc in Samreboi
16 minutes -
Assemblies, Parliament must work together to tackle flooding in Accra—Committee on Local Govt
17 minutes -
Electro Mirror shares music business insights at TGMA music summit
23 minutes -
“I was sad when Otto Addo was sacked” – Grace Ashly
37 minutes -
GAWU calls for strict enforcement of child labour Laws in cocoa-growing communities
38 minutes -
Gov’t urged to introduce sickle cell education in schools to reduce future cases
43 minutes -
Japan quintuples visa fees in first price hike since 1978
52 minutes -
ICAG: Reflections from the 2026 Accountants Conference
52 minutes -
Full text: Prime Minister Keir Starmer’s resignation speech
55 minutes -
WPRD Festival 2026: African storytelling opportunities on football’s biggest stage
1 hour -
Governance expert urges state takeover of Tarkwa Mine after Gold Fields lease expires in 2027
1 hour -
Kristo Asafo family rejects Akofena leadership claim, says Adwoa Safo is the rightful heir
1 hour -
GCB Capital supports men’s mental health with medical equipment donation to Accra Psychiatric Hospital
1 hour