Government To Issue Five Year Treasury Bond To Local And Foreign Investors

Government To Issue Five Year Treasury Bond To Local And Foreign Investors

Government on Monday, November 30 is expected to issue a 5 year treasury bond in accordance with the Bank of Ghana’s issuance calendar for Government of Ghana securities for the half-year period between July and December 2015.

Ghana Cedi-denominated instrument will be issued at par thus will be opened to both local and foreign investors.

Minimum bid will be 50 thousand cedis and multiples of one thousand cedis thereafter as each Bond shall have a face value of one Ghana Cedi. The bond which will be listed on the Ghana Stock Exchange for secondary market trading, both at the floor of the Exchange or over the counter by government will be redeemed by the issuer, in five years in November 2020 which is the maturity date.

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