Tag: Eurobonds

GoldBod Formalisation Accumulates $3.8 Billion in Foreign Exchange, Exceeds BoG Losses – Prof. Ebo Turkson, Others

Lecturer and political scientist Dr. Kwame Asah Asante has described former President Nana Addo Dankwa Akufo-Addo’s apology to Ghanaians over the domestic debt restructuring programme as “too little, too late,” ...

In 2024, the Government of Ghana is projected to need between US$600 million and US$800 million to service its external debt, according to estimates from IC Africa Research. This significant ...

MTN Group today, Monday, September 5, 2022 announced a further deleveraging of the balance sheet with the early settlement of US$300 million in eurobonds with a 2024 maturity date. This ...

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has responded swiftly to recent economic challenges by increasing the policy rate by 250 basis points to 17 percent ...

International rating agency, Fitch, has made slight corrections to the rating action of Ghana’ senior unsecured debt that it published on January 14, 2022. The recent document however, maintained all ...

Fitch Ratings, a global rating agency, has expressed concerns over Ghana’s rising debt servicing costs, highlighting the possibility of the country seeking an assistance from the IMF even though the ...

The Government of Ghana has commenced the processes for the 2021 International Capital Market (ICM) Funding Programme. Accordingly, the government expects to raise up to $5 billion. Last year, at ...