The Government of Ghana (GoG), thebftonline.com has raised an amount of 438 million Cedis (110 million) in its ten - year Cedi Bond. The debut Cedi bond though was highly over subscribed was at a...
Government has gotten more than the amount it was looking for in its historic 10-year bond with sources saying it had some GHC726 million worth of bid was realized from investors. The state, however,...
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued today at a cost of 19 percent. The bond which will mature in 2026 was also opened to...
Shanghai’s free trade zone will be the test bed for yuan-denominated bond trading targeting overseas investors this month when the city government issues no more than 3 billion yuan (US$442...
The Minister of Finance, Seth Terkper has indicated that government will continue to use revenue from the country’s oil and gas resources to pay its borrowing. “We are going to continue to set...
Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after the Federal Bureau of Investigation said it would probe additional emails related to...
The Finance Minister, Seth Terkper has strongly indicated that the government is seriously considering issuing diaspora bonds to raise cheaper funds in a bid to tap into the wealth of Ghanaian...
As the contention between some bankers and the Finance Minister continue over the issuance of local dollar denominated bond, Economist, Dr. Eric Osei-Assibey has warned that issuing such bonds must...
AT&T saw some of its shorter-term outstanding bonds widen sharply in secondary trade Monday after the telecoms giant announced a blockbuster US$85bn acquisition of Time Warner. AT&T's 2.8%...
Commercial banks are worried government is competing with them for dollars locally, following the successful issuance of the first domestic treasury dollar bond, which raised some US$94.6 million....
The left is undertaking an amazing back door plan to dramatically increase its influence over the Fed’s interest-rate-setting Open Market Committee. The key activist group, a division of the Center...
Saudi Arabia attracted massive investor demand of about $67 billion on Wednesday for its first international bond offer, as the world's top crude exporter allayed concern about the impact of low oil...
Whereas government has given indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s success, some analysts fear it could weaken the cedi and deepen dollarisation...
Whereas the government has given the indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s success, some analysts fear it could weaken the cedi and deepen...
The overwhelming success of government’s debut local dollar bond could serve as a precedent for bigger and longer term issuances, Kofi Awuku, a member of the book building team has said. The...
An economist, Dr John Gatsi, says the successes chalked by government in the issuance of Ghana’s first domestic dollar-denominated bond was due to what he termed as better incentives provided to...
The government last week trapped additional foreign exchange into its vault when it issued a United States dollar-denominated bond on the local market to raise a total of $94.64 million at a coupon...
Government successfully issued a US Dollar denominated bond on the domestic bond market. ? ?The 2-year bond issued last Thursday was highly subscribed to an amount of $94.64 million at a coupon rate...
Government has raised a total of 96.4 million dollars in its first local dollar denominated bond at a rate of 6.0 percent. Total bids were 99.6 million dollars but government accepted 96.4 million...
The transaction is going on very well and the target of between 25 and 50 million dollars will be achieved. This is the assurance from the joint book runners of government’s first local dollar...
