Ghana raises $110 mln via first 10-year domestic bond
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued yesterday at a cost of 19 percent.
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued yesterday at a cost of 19 percent.
On Oct. 21, 2016, S&P Global Ratings affirmed its 'B-/B' long- and short-term foreign and local currency sovereign credit ratings on Ghana. The outlook is stable.
Government has raised a total of 96.4 million dollars in its first local dollar denominated bond at a rate of 6.0 percent.
Ghana has started exporting fuel and gas oil to the landlocked countries of West Africa, including Nigeria.