Tag Archives: BONDS

The Deputy Finance Minister Abena Osei Asare has said the government’s failure to meet coupon deadlines for pensioner bondholders is not on purpose. “We don’t intentionally stop them [payment], sometimes it’s difficult, it is the ability to pay and, so, when it is not there, it becomes a challenge, but …

Nigeria’s dollar bonds rallied after President Bola Tinubu scrapped the nation’s $10 billion fuel subsidy program and announced plans to adopt a uniform exchange rate. Debt due in 2047 jumped 3.3% to 66.750 cents on the dollar by 10:10 a.m. in London. Bonds due in 2049 gained 2.9% and those …

The government has announced the settlement and listing of newly issued bonds which will become the new benchmark bonds for the fixed-income market. According to an update from the Finance Ministry on February 27, 2023, it stated that it would work with the relevant stakeholders to ensure that the new …

In a yet-to-be premiered expose by investigative journalist Anas Aremeyaw Anas, Minister of State for Finance Charles Adu Boahen has been captured on tape making various implicating statements. Among other things, the deputy minister, who was being recorded by undercover agents of Anas disguised as investors, said they would need …

Government accepted all bids for the 7-year cedi bond and the 3-year dollar bond issuance, according to auctioning results obtained from the Bank of Ghana. For the 7-year cedi bond, it raised GH¢1.03 billion at a rate of 20.5 percent, whilst it got US$388.9 million dollars for the 3-year dollar bond …