DDEP
Tag Archive

Ghana’s new bonds trade at yields between 9.27% and 10.02% – BoG

May 25, 2023 Ghana’s new bonds (domestic bonds) traded at yields between 9.27% and 10.02% in April 2023, data from the Bank of Ghana has revealed. This follows the successful restructuring of the...

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May 25, 2023 / Comments (0)

BoG increases policy rate to 29.5%; loans to remain expensive

March 27, 2023 The Bank of Ghana has increased its policy rate by 150 basis points to 29.5% to help check the high inflation and any downside risks to the economy. This means the cost of credit will...

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March 27, 2023 / Comments (0)

Fitch upgrades Ghana’s rating to ‘CCC’

March 22, 2023 International ratings agency, Fitch Ratings, has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The upgrade of the ratings on...

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March 22, 2023 / Comments (0)

Market values of investments recover as confidence grows

March 14, 2023 Investment portfolios have recovered their market values, reaching their highest level since November 2022 following the Securities and Exchange Commission’s (SEC) directive to adopt the...

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March 14, 2023 / Comments (0)

DDEP sets tone for low interest rates — GSE Boss

March 7, 2023 Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, says the current debt restructuring exercise although painful, presents the country the opportunity to re-set its interest...

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March 7, 2023 / Comments (0)

Bond market: Turnover declines 80.3% to ¢135.63m

February 23, 2023 Market activity on the bond market declined sharply as total turnover plummeted 80.3% to ¢135.63 million. This is coming after the government concluded the Domestic Debt Exchange Programme...

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February 23, 2023 / Comments (0)

Bond market: Market turnover rises 93.5% to ¢1.33bn

February 21, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

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February 21, 2023 / Comments (0)

Fitch downgrades Ghana again to ‘Restricted Default’ after failing to pay $40.6m coupon

February 21, 2023 Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after the country missed the...

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February 21, 2023 / Comments (0)

Bond market: Market turnover rises 93.5% to ¢1.33bn

February 14, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

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February 14, 2023 / Comments (0)

Ghana has expenditure deficit of $61b, while seeking $3b IMF deal

February 14, 2023 Ghana’s expenditure plan for the 2023 fiscal regime has a deficit figure of $61 billion revealing how meagre the $3 billion IMF deal could alleviate the economic woes of the country. At a...

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February 14, 2023 / Comments (0)