Home Tags Eurobond

Tag: Eurobond

bond

Over subscription of Eurobond Indicates Confident in Ghana’s Economy

The Government, on Wednesday, said the oversubscription of the three-billion-dollar Eurobond, at a record rate, is a vote of confidence in the resurgence and...

Ghana to issue US$220 million eurobond in 2018

Ghana will enter the global capital market next year to issue a 1-billion-Ghana-cedi (220.7 million U.S. dollars) eurobond, Ghana's finance minister Kenneth Ofori-Atta said...

Ghana debt to hit 130% if parliament approves China loan

Ghana’s debt to Gross Domestic Product (GDP) is estimated to be pegged 130 percent, all things being equal, if the China loan of US$15...

Economists Commends Government Decision Against Eurobond for 2017

Some economists have lauded the government’s commitment not to issue any Eurobond this year. They explain that the development should give room to deal with...

Access Bank Ghana Is 11th Bank on the Ghana Stock Exchange

Access Bank Ghana has officially been listed as the 11th Bank on the Ghana Stock Exchange (GSE). More so , the bank becomes the...

Access Bank Raises $300m Eurobond to Bring in Foreign Exchange

Access Bank Plc, a leading financial institution and parent company of Access Bank Ghana, has successfully raised US$300 million via a Eurobond from...

Ghana’s 5th Eurobond Oversubscribed By Over 400%

The Minister of Finance, Mr Seth Terkper, has expressed satisfaction at the pricing of Ghana’s fifth Eurobond at 9.25 per cent in London...
hunting for eurobonds

Ghana returns to Eurobond market with hope

The move comes just a month after it suspended issuing a 500 million-US dollar bond as a result of high quotations being demanded by...

Ghana Halts Strategic $500m Eurobond Issue

Ghana said it will not to go ahead with a $500 million Eurobond issue, and while it gave no reason for the decision, investors...
Bawumia

One-Third Of US $1bn Eurobond Diverted Into Private Account – Bawumia

He therefore questioned if the Government of Ghana is diverting $250million of the $1billion Eurobond issued last year, for election campaigns ahead of the November...

IMF Defined Ghana’s 4th Eurobond As Tactical

The one billion dollar Eurobond received criticisms from some financial experts and economists due to the cost of the bond, after government initially targeted...

Can Africa Benefit From Eurobond Boom For Long?

The governments of African countries facing dwindling levels of foreign aid are on a borrowing spree to fund new roads, power stations and other...
Seth Tekper

Government will not issue any Eurobond

According to the Finance Ministry it will instead be embarking on a “Non Deal Roadshow”, explaining it is part of its “routine investor relations...
Lagarde-Christine - IMF MD (Photo source zerohedge.com)

Ghana is at high risk of debt distress – IMF

In an exclusive email conversation with Business Finder, the fund recommended a change in the country’s borrowing strategy, to consider changing market conditions when...

$1 billion Eurobond Approved In Parliament Through Voice Vote

Government has said $750 million out of the money will be used to service existing bonds whose repayments are due.The remaining $250,000 will be...

Eurobond Approval Backfires As Majority Lost In Parliament

The decision by the Government to issue another Eurobond backfired in the house of parliament after the majority side in parliament lost to the...

Raila Raila threatens to expose beneficiaries of Eurobond billions

CORD leader Raila Odinga with ODM member Charles Tanui during a delegates’ meeting at Poa Place Hotel in Eldoret, yesterday. He later toured...

Loan Repayment Pushed Further Up to Sh67 billion Due to Eurobond

The National Treasury is expected to service Sh9 billion as interest payment for the dollar denominated Eurobond. This is expected to push loan repayment this...
Seth Terpker, Finance Minister.

US$1 Billion Eurobond for debt payment only – Finance Minister

He said although the initial plan had been to raise $1.5 billion; with a World Bank guarantee for $1 billion of the amount to...

Government of Ghana Affirms The Issuance of Another Eurobond

Finance Minister Seth Terkper has confirmed that government is working to issue another Eurobond before the year ends. The action has been influenced by government’s...
Deputy Managing Director of IMF, Mr Min Zhu,

IMF warns Ghana to cut growing public debt

Ghana`s debt sustainability has become a vexed issue following the mounting public debt and government`s strong appetite to borrow from the international market. A Deputy...

Projections and challenges of Ghana’s 2015 Eurobond

GHANA AND EUROBONDGovernment borrowing on international capital market has become another source of finance for fiscal budget. Developing and emerging economies are increasingly showing...

Ghana needs a new leadership – Nana Akomea

Currently, Ghana spends $3billion every year, the equivalent of the famous Chinese Development bank loan, to service only interest on debt payment, so what...
Cedi

Government should tell Ghanaians the real state of the economy

One of the overriding features of good governance is the religious adherence to the tenets of transparency and accountability. The dividend of such a...

Ghana Grabs US $1billion in Fourth Eurobond

An official statement from the Finance Ministry has confirmed news that the country has clinched a $1 billion deal with its fourth Eurobond at...

Could The Ghana Cedi Be Blamed for Eurobond Delay?

Government?s decision to postpone the issuance of Eurbond until favourable market conditions might come along with some challenges for the economy. According Deputy Minister of...

Ghana Cedi Gained Best in First Quarter in Light of Impending Eurobond Inflows

Ghana?s cedi gained for the first quarter in three as traders anticipated dollar inflows from government?s planned Eurobond sale. The currency of the world?s second-biggest...
Ghana cedi

Confusion surrounds 20 million USD injections by Bank of Ghana

July came around on the back of a fiscally and monetarily challenged month of June. The cedi continued to struggle and the USD, trading...
dollars

Nigeria’s external debt edges down to US$9.4 billion

Nigeria's external debt decreased slightly to stand at 9.4 billion U.S. dollars in March, the country's Debt Management Office (DMO) said on Monday. ...

Ghana government ready for Eurobond but IMF show reservations

Finance Minister, Seth Tekpeh Despite some speculations that the International Monetary Fund (IMF) may delay government in issuing a billion dollar Eurobond this year,...