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Government will in the coming days issue Ghana’s 2018 sovereign bond after a successful deal roadshow.
The exercise, which seeks to raise some $750 million of a budgeted $1billion of new debt, has received rave reviews from international capital market investors.
Govt turns to Asia to sell debt
A statement issued by the Ministry of Finance Thursday said the Ministry is, therefore, in the process of concluding terms of a deal with investors and will announce same upon closure.
It added that Ghana may, depending on market conditions, raise up to an additional $1.50 billion for liability management.
Source : graphic.com.gh