Audio By Carbonatix
Listing and trading in the five-year Government of Ghana bonds has started on the Ghanaian bourse, paving the way for investors to be able to buy and sell their bonds.
The five-year bond has a total value of ¢756.6 billion and prospectus value of ¢650 billion.
The bond which was issued in December last year was over subscribed by 16.4 percent largely due to the first time participation of non resident foreigners.
The medium term bond has a coupon rate of 14.47 percent per annum and interests will be paid in June and December each year.
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
-
Government advances domestic processing, financial reforms in cocoa sector
10 minutes -
GHS enforces uniform, name tag policy after Mambrobi baby theft incident
15 minutes -
Cedi gains not enough to reduce prices as manufacturers still recovering losses – Dr Nsiah-Poku
56 minutes -
Strong currency, but expensive power – AGI president explains why prices stay high
1 hour -
Tems, Burna Boy become African artistes with most Billboard Hot 100 entries
2 hours -
Lawyer fires back at Davido over social media harassment after custody case
2 hours -
Rapists should be castrated, burnt alive – Simi
2 hours -
Air Algérie Group and Africa Prosperity Network sign deal to advance ‘Make Africa Borderless Now!’ agenda
3 hours -
Africa Prosperity Network, Ethiopian Airlines explore partnership to advance ‘Make Africa Borderless Now!’ agenda
4 hours -
Trump’s Board of Peace members pledge $7bn in Gaza relief
4 hours -
Police retrieve five weapons, kill suspect in a shootout
5 hours -
Court fines driver over careless driving
5 hours -
Pharmacist arrested for alleged assault on medical officer over drugs
5 hours -
Not all women in leaked footage had intimate encounters with Russian suspect – Sam George
5 hours -
Ghana to prosecute Russian national in absentia over leaked footage – Sam George
5 hours