‘Ghana’s Debt Is No Debt’
Chief Executive Officer (CEO) of Gold Coast Financial Holding, Mr. Kwame Ofori Asomaning, has emphatically stated that ‘Ghana’s debt is no debt at all.’ According to him, so far as government...
Tag: bond
Ghana Raises 1.12 Billion USD In Domestic Bonds
Ghana came out of the market late Friday with 4.87 billion Ghana cedis (1.12 billion U. S. dollars) in two concurrent domestic market bonds. The lead arrangers-- Barclays Bank, Stanbic Bank and...
US$750m Eurobond Adjudged Best Sovereign Bond In Africa For 2016
Ghana’s US$750 million Eurobonds which sold last year and was oversubscribed by more than five times has been adjudged the Best bond in Africa for 2016 by EMEA Finance, an international magazine...
Global Stocks, Dollar Up Slightly As Pivotal Week For Markets Gets Underway
An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a three-day fall as investors braced for a potential interest rate hike in the United...
Kenyan Stocks At Its Worst This Year, Set To Fall Even Further
Kenya’s stock market, which is the biggest in East Africa, has seen its fortunes turn negative with the decline dragging valuations to the weakest since 2009. Domestic investors are favouring bonds...
Ghana Gov’t Back On Bond Market
Government is accepting bids from both domestic and foreign investors for the issuance of a three-year domestic bond. It forms part of government’s deficit financing for the 2017 fiscal year with...
Asian Shares Advance, Dollar Supported By March Rate Hike Bets
Asian shares rose on Thursday as investors were encouraged by President Donald Trump's measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets...
French Yields Fall As Political Jitters Ease, World Stocks Mixed
French 10-year bond yields hit a one-month low on Monday, pushing other euro zone sovereign yields lower, while a more cautious mood hung over world stock markets and the dollar, both of which...
US Treasury Rekindles Interest In Rare Century Bond
The United States has rekindled interest in ultra long-term debt, including possibly a rare century bond, to lock in the current very low borrowing rates. "I think it's something that we should...
Gov’t Puts On Hold Issuance of Ghc700m 3-Yr Bond
Government has put on hold plans to issue a Gh¢700 million three-year bond this month. The bond forms parts of government’s plan to raise over 170 million cedis between January and March....
Government Puts On Hold Issuance of GHC700m 3-Year Bond
Government has put on hold plans to issue a GHC700 million three-year bond this month. The bond forms parts of government’s plan to raise over 170 million cedis between January and March....
Government Puts On Hold Issuance of Ghc700m 3-Yr Bond
Government has put on hold plans to issue a Gh¢700 million three-year bond this month. The bond forms parts of government’s plan to raise over 170 million cedis between January and March....
World Stocks Ride To Record High, Dollar Retreats
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that major economies like the United States will soon be serving up large helpings of fiscal...
The Ghana Stock Exchange (GSE) is proposing the listing of companies under government’s “One District One Factory” policy on its exchange via the Alternative Market (GAX). Managing Director of...
Ghana To Pay 18.75 % Interest On First 5 Year Bond In 2017
Ghana accepted 369.47 million cedis ($84.7 million) worth of bids for the country’s first five-year domestic bond issued on Thursday, January 26, 2017. R Citi Business News understands total bids...
Govt Planning To Borrow GHC1.9 Billion In First Quarter
Report by Thebftonline.com reveal that the new Akufo-Addo government is planning to borrow GHC1.9 billion to foot the nation’s expenditure mapped out for the first quarter of 2017. Read report...
Govt Planning To Borrow GHC1.9 Billion In First Quarter
Report by Thebftonline.com reveal that the new Akufo-Addo government is planning to borrow GHC1.9 billion to foot the nation’s expenditure mapped out for the first quarter of 2017. Read report...
Government To Borrow GH¢1.9bn In First Quarter
The government of Ghana is projecting to raise some GHC17,400.00 million in the first quarter of 2017 (January to March) in bonds and notes to rollover forecast maturities of bond and notes amounting...
Govt To Issue 17.4 Billion Cedis In Debt Securities
Government will in the first quarter of 2017, borrow 17,400.00 million cedis through bonds and treasury bills and other government securities. The cash will be used rollover forecast maturities, meet...
Govt To Issue 17.4 Billion Cedis In Debt Securities
Government will in the first quarter of 2017, borrow 17,400.00 million cedis through bonds and treasury bills and other government securities. The cash will be used rollover forecast maturities, meet...