Eurobond
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Eurobond haircut: 40% too deep?

October 26, 2023 Ghana faces a monumental challenge as it navigates the intricate process of negotiating debt restructuring with its commercial creditors. Recent update from Finance Minister, Ken Ofori-Atta...

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October 26, 2023 / Comments (0)

Cedi expected to trade steadily this week; sells at ¢11.50 to a dollar

September 5, 2023 The Ghana cedi is expected to trade steadily this week as the Bank of Ghana intervenes in the market to cool off the pressure on the local currency. Last week, the cedi came under renewed...

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September 5, 2023 / Comments (0)

Investors demand insurance payment on Ghana’s Eurobond after default

March 7, 2023 A panel of investors and banks has ruled Ghana’s missed coupon payments on its foreign denominated bonds counts as a failure-to-pay event, paving the way for a payout of the...

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March 7, 2023 / Comments (0)

Ghana’s Eurobonds extend declines as restructuring hits snag

March 1, 2023 Ghana’s Eurobonds extended declines on Wednesday, March 1, 2023, after the country missed a self-imposed deadline to restructure its bilateral debt and S&P Global Ratings warned...

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March 1, 2023 / Comments (0)

Ghana’s eurobonds decline as government offer better terms to local securities investors

January 24, 2023 Ghana’s dollar bonds have fluctuated as concerns rise over the government’s offer of better terms to investors in local government securities, which may shift a bigger burden of a...

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January 24, 2023 / Comments (0)

EUROBOND HOLDERS CONSTITUTE COMMITTEE

January 10, 2023 International holders of Ghana’s Eurobonds have constituted bondholder creditor committee in response to Ghana’s announcement suspending   certain categories of external debt pending...

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January 10, 2023 / Comments (0)

IMF advises government on debt situation

July 22, 2021 The International Monetary Fund (IMF) has urged the government to use the ongoing fiscal consolidation efforts to streamline expenditures to help address the growing risks associated with...

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July 22, 2021 / Comments (0)

Ofori-Atta lauds indigenous firms’ role in $3bn bond sale

April 19, 2021 The Minister of Finance, Mr Ken Ofori-Atta, has lauded the role played by five indigenous financial institutions in raising $3.025 billon in Eurobond for the country. The institutions which...

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April 19, 2021 / Comments (0)

Eurobond proceeds to boost cedi stability

April 7, 2021 Market analysts are predicting that proceeds from the 2021 Eurobond issuance will boost the stability of the cedi by helping the Bank of Ghana build up its foreign exchange reserves. The...

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April 7, 2021 / Comments (0)

Ghana cedi expected to be stable for the rest of 2021

February 25, 2021 Senior Economic Analyst with Databank, Courage Kingsley Martey, is confident the cedi will sustain its stability throughout the year 2021. The cedi, which began the year selling at 5 cedis...

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February 25, 2021 / Comments (0)