Listing and trading in the five-year Government of Ghana bonds has started on the Ghanaian bourse, paving the way for investors to be able to buy and sell their bonds.
The five-year bond has a total value of ¢756.6 billion and prospectus value of ¢650 billion.
The bond which was issued in December last year was over subscribed by 16.4 percent largely due to the first time participation of non resident foreigners.
The medium term bond has a coupon rate of 14.47 percent per annum and interests will be paid in June and December each year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Expansion Drive: Takoradi Technical University increases faculties
1 hour -
SHS heads demand payment of outstanding funds before reopening of schools
2 hours -
We thank God for the 2024 general elections – Akufo-Addo
2 hours -
Coconut Grove Beach Resort marks 30 years of excellence with memorable 9 lessons & carols service
2 hours -
WAFU B U-17 Girls’ Cup: Black Maidens beat Nigeria on penalties to win inaugral tournament
3 hours -
Real Madrid beat Sevilla to keep pressure on leaders Atletico
4 hours -
Liverpool put six past Spurs to go four points clear
4 hours -
Manchester United lose 3-0 at home to Bournemouth yet again
4 hours -
CHAN 2024Q: ‘It’s still an open game’ – Didi on Ghana’s draw with Nigeria
4 hours -
CHAN 2024Q: Ghana’s Black Galaxies held by Nigeria in first-leg tie
5 hours -
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
6 hours -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
6 hours -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
7 hours -
Akufo-Addo condemns post-election violence, blames NDC
7 hours -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
8 hours