bonds
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Bond market: Turnover soars 13.14 percentage points on offshore investor boost

November 27, 2024 Turnover in the secondary bond market rose last week to GH¢1.12 billion, up from GH¢991 million recorded in the previous week. The general category bonds made up 82% of the volume traded....

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November 27, 2024 / Comments (0)

Govt to exchange US$809m in newly announced dollar denominated DDEP

July 17, 2023 The government has announced a new Domestic Debt Exchange Programme (DDEP) for US dollar denominated bonds targeting to exchange US$ 809 million of the denominated notes and bonds. “The...

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July 17, 2023 / Comments (0)

Fitch downgrades Ghana’s borrowing capacity to ‘Restrictive Default’

April 26, 2023 Fitch Ratings has downgraded Ghana’s Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to ‘RD’ from ‘CCC’. It has also downgraded to ‘CC’ from ‘CCC’ and...

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April 26, 2023 / Comments (0)

Total trade on new government bonds falls by 38.03%

April 5, 2023 Market activity on domestic sovereign bonds slumped last week as total trade retreated 38.03% week-on-week to ¢62.31 million. Interest in the new bonds, according to trading results,...

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April 5, 2023 / Comments (0)

Trading of government bonds falls by 21.09% to ¢119.05m

March 21, 2023 Volume traded on the new Government of Ghana bonds fell by 21.09% week-on-week to ¢119.05 million last week. This follows the completion of the Domestic Debt Exchange Programme. According...

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March 21, 2023 / Comments (0)

Government extends date for tendering of bonds by bondholders

February 8, 2023 The government has extended to Friday at 4:00pm (GMT) the deadline for some bondholders who are facing difficulties on online portals tendering in their bonds to do so by the extended time....

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February 8, 2023 / Comments (0)

Foreign holdings of domestic bond to fall to below 10% in 2022 – Bloomberg

December 12, 2022 Foreign holdings of Ghana’s domestic debt is expected to fall to below 10% by the end of the year, Bloomberg has projected. This it says had piled pressure on the Ghana cedi which is...

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December 12, 2022 / Comments (0)

Debt exchange kicks off – Bonds replaced by 4 new ones, Interest payment deferred to 2024

December 6, 2022 The government has launched a voluntary exercise that allows institutions that hold bonds issued locally in Ghana cedis to postpone their interest on the investments in return for full...

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December 6, 2022 / Comments (0)

Government faces ¢2.83bn 5-year bond refinancing with 26% foreign holdings

November 22, 2022 The government is faced with refinancing a ¢2.83 billion 5-year bond, maturing on November 28, 2022 with 26% of foreign holdings. With the unfavourable pricing conditions, analysts expect...

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November 22, 2022 / Comments (0)

Government accepts GH¢3 billion for 2-year bond as investor interest grows

February 22, 2021 Government accepted GH¢3.0 billion from the 2-year bond auctioned last Thursday as there were immense foreign investor participation in the debt instrument. Auction result from...

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February 22, 2021 / Comments (0)