Audio By Carbonatix
The Ghana Stock Exchange (GSE) will admit the first Commercial Paper on the Ghana Fixed Income Market (GFIM) on April 17, 2025.
It will be in the name of Federated Commodities PLC.
According to the GSE, the Commercial Paper Market is poised to enhance the growth of the capital market.
It stressed that the Commercial Paper Market provides a robust and efficient environment for short-term borrowing and lending, ensuring transparency and easy access to price information for all participants.
In 2024, the GSE launched the Commercial Paper Market.
The Managing Director of GSE, Abena Amoah, expressed optimism about the commercial paper market, saying the launch of the commercial paper market in Ghana demonstrates the GSE’s dedication to providing a wide range of investment options and diversifying its financial markets in the face of currently limited options available to investors.
The presence of a vibrant commercial paper market provides an additional avenue for investors to deploy their funds, increasing the variety of investment opportunities. This will in turn, boost the overall market liquidity, making it easier for investors to buy and sell financial instruments promptly.
The GSE in collaboration with Stanbic Bank Ghana and Bentsi-Enchill Letsa & Ankomah (BELA) develop a robust framework for the effective operation of the commercial paper market in Ghana.
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