Government has begun engaging investors across the world to possibly raise up to $1 billion.

The road which begun on August 1 is been led by Finance Minister Seth Terkper, and will take the team to London, Germany and some states in the US.

Joy Business understands that the deal is expected to end on August 6 possibly in New York.

Sources say three financial institutions, that is, Standard Chartered PLC, Citigroup and Bank of America are said to acting as transaction advisors.

However, there is the likelihood that, government may end the exercise without raising any funds depending on the interest rate that it secures from investors.

Government on its last Eurobond paid about 10.75 percent as interest, on the $1 billion raised.

For some economist, looking at uncertainties surrounding the United Kingdom (UK)'s decision to leave the European Union (EU), and the US's move to keep its interest rate unchanged, there is the likelihood, that Ghana may secure a favourable rate for its fifth Eurobond.

However, with delays in securing an International Monetary Fund (IMF) report on how government has performed under the fund program, there are some who are worried about what government may get at the end of the road show.

A development that could impact the country's public debt and funds that it is setting aside as interest payments.

For instance, government in the 2016 budget is planning to set aside  some GH¢10.4 billion as interest payments.  

Government is planning to use funds from this forth, Eurobond to finance some projects in 2016 budget and pay down some debts that are maturing. 

In a related development, rating agency FITCH has assigned a provisional B ratings to country's fourth Eurobond, subject to securing some additional documents.

This grade is, however, better than the B- ratings that have been assigned to Ghana's credit worthiness or its ability to pay back funds borrowed on time