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Tag Archives: Government of Ghana bonds

Government Secures ¢1.86bn From 7-Year Bond, Interest Cost Falls

Government secured ¢1.86 billion from the sale of the 7-year bond yesterday, which replaced the maturing 5-year bond. The long term bond was marginally oversubscribed by 3.3% At the same time, the interest cost of the debt instrument went down by 6.4% to 18.10%, saving government some significant interest payment. …

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