Audio By Carbonatix
Finance Minister, Ken Ofori-Atta, has confirmed government could issue up to $2 billion Eurobond by June this year.
Mr Ofori-Atta has been giving details of this bond after he secured some commitment from investors in Asia during his non-deal roadshow.
“As you know we are going to issue anywhere from 1 to 2 billion dollars of sovereign paper and so I think we’ve found some people who are excited about that.
We also are a lot more positive about maybe issuing a green bond and we got some keen interest from that. So it was a good trip and then we look forward to further engagements. Certainly this first half of the year,” he told JoyBusiness in an interview.
This disclosure by the minister could also mean that government might be seeking more than what is proposed in the 2018 budget to finance the deficit.
Green bonds
Green bonds were created to fund projects that have positive environmental and/or climate benefits. The majority of the green bonds issued are green “use of proceeds” or asset-linked bonds.
Proceeds from these bonds are earmarked for green projects but are backed by the issuer’s entire balance sheet.
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.
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
-
Nurses and midwives indispensable to resilient health system – Bawumia
36 seconds -
About 565,000 BECE candidates qualify for SHS placement – CSSPS
1 minute -
Virtual InfoSec Africa renews partnership with Cyber Security Authority
5 minutes -
TMA is highest authority in Tema, TDC must comply with its regulations — President
28 minutes -
Cyanide, unregistered cigarettes hidden under bags of millet, soya beans in major highway bust in Techiman
32 minutes -
Security agencies call on civilians to volunteer information to combat crime Â
36 minutes -
New maternal units commissioned in North Tongu to improve access to care
37 minutes -
Enterprise Insurance reaffirms industry leadership with 4 wins at 6th CIIG
45 minutes -
GES release national harmonised prospectus for 2026/27 SHS admissions
46 minutes -
Presidency orders TMA, TDC to end dispute over Tema development authority
51 minutes -
Ayew brothers among Ghanaians without clubs after transfer window closes
1 hour -
GPHA records GH¢2.82bn net profit as revenue rises to GH¢7.62bn
1 hour -
Today’s front pages: Thursday, September 3, 2026
1 hour -
Police arrest over 10 students over Okuapeman-Mount Sinai clashes
2 hours -
WAFU B WCLQ: Ampem Darkoa Ladies thrash Dynamique FC to reach finalÂ
3 hours