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.
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 Reference Rate dips to 10.03% in May, signalling possible loan rate cuts
18 minutes -
Gov’t evacuates man in viral South Africa xenophobia video attack
37 minutes -
From grain pickers to road works: How an Upper West tour shifted Agbodza’s focus
46 minutes -
Awoshie-Barnyard crash leaves four seriously injured, triggers heavy traffic
58 minutes -
Dog heads don’t prevent heartbreak – ICS debunks growing myth
1 hour -
Flying with two wings: Africa’s opportunity to strengthen economic governance
1 hour -
Callistus Mahama: Before the race begins; A call for discipline, reflection, and dutyÂ
2 hours -
Health Ministry blames procurement irregularities and payment dispute for Weija Children’s Hospital delay
2 hours -
Greater Accra Minister apologises over Northern posting remarks
2 hours -
Nigeria opposition alliance falters as two leading figures quit, clouding 2027 unity push
2 hours -
Oil prices ease as US pauses Project Freedom to seek deal with Iran
3 hours -
Mission is to preach peace, says Pope in response to Trump attacks
3 hours -
Nigeria supplies less than half of allocated crude to refineries in early 2026
3 hours -
Iraq offers May-loading crude at deep discounts for loading inside Hormuz
3 hours -
‘I thought he was going to hit me’ OpenAI co-founder says of Musk
3 hours