The 15 Year Bond. Will the Anchor Hold?
At the beginning of April this year, the Government of Ghana seemingly took a giant stride in its ongoing efforts to deepen the country’s capital market and substantially expand its constricted...
Tag: Strategic African Securities
Ablakwa To Finance Minister
The Finance Minister, Ken Ofori-Atta on Wednesday, stormed Parliament to address the brouhaha surrounding the US$2.25 billion bond issued by the ministry in April. He said the domestic bonds were...
Minister Blasts NDC Over $2.25bn Bond
Finance Minister Ken Ofori-Atta yesterday defused the controversy surrounding the issuance of the $2.25 billion bond. He indicated in parliament that the domestic bonds were issued in a competitive...
Claim of Conflict of Interest Over $2.2bn Local Bond Imaginary – Government
Government is insisting nothing untoward happened in the $2.25 billion local bond issued on the Financial market in April this year. The Minority in Parliament has said the manner the bond was issued...
Is There Really A Conflict of Interest Situation In Ghana’s US$2.25 Billion Bond Issue?
The Ministry of Finance, through the book building process, recently issued 7- and 15-year bonds at a coupon rate of 19.75%. The bonds were oversubscribed with international investment firm Franklin...
The 15-Year Bond Controversy [Article]
We have observed with a sense of amusement the controversy that has erupted as a result of the press conference held by the National Democratic Congress (NDC) on Tuesday, April 18, 2017, at which...
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...
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...
Maiden 10-Year Bond Fetches Ghana GHS438m At 19% Interest
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...
Gov’t To Raise GH¢200 Million In First 10 Year Local Bond
Government will tomorrow issue its first 10 year domestic bond as part of efforts to raise long term funds to support its capital expenditure. Government is seeking to raise about 200 million cedis...
Government To Raise GH¢200m In First 10 Year Local Bond
Government will tomorrow issue its first 10 year domestic bond as part of efforts to raise long term funds to support its capital expenditure. Government is seeking to raise about 200 million cedis...
Local Investors Lap Up First USD Bond
The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by government and targeted at investors resident in Ghana and Ghanaians abroad, has...
Hearts Close To Sealing Sponsorship Deal With Huawei
Ghanaian giants, Accra Hearts of Oak are close to sealing a sponsorship deal with Chinese multinational networking, telecommunications equipment and services company, Huawei Technologies Limited....