Bank of Ghana to issue a 300 million 5-year bond back

posted on Thu, 16 Aug at 10:07

The Bank of Ghana will next week Thursday issue a five-year bond to raise 300 million Ghana cedis.



The central bank is hoping use proceeds from the auction to fund some four major road projects currently on-going.

This will be governments fourth bond auction this year and possibly the last one.

The Bank of Ghana from January to date has mobilized a little over one billion Ghana cedis through issuance of government papers



Source: Ghanaweb.