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.
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