March 22, 2018 / 3:24 PM / 5 months ago

Ghana sells 1.57 bln cedis ($356.3 mln) worth of 3-yr bonds at 16.5 pct

ACCRA, March 22 (Reuters) - Ghana scooped all 1.57 billion cedis ($356.3 million) tendered for a three-year domestic bond on Thursday and will pay a yield of 16.5 percent, joint transaction arrangers said.

Initial guidance for the bond, open to non-resident Ghanaians, was in the range of 15.5 percent and 16.5 percent. The government was hoping to raise 900 million cedis from the sale.

$1= 4.4057 cedis Reporting by Kwasi Kpodo Editing by Joe Bavier

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below