The Ghana Economic Management Strengthening Technical Assistance (GEMS-TA) project, which is aimed at strengthening Ghana’s institutional capacity for revenue and expenditure management has been launched in Accra.
The 3-year project, which is being supported by the World Bank has four components which are: Strengthening Ghana Revenue Authority’s Business Intelligence Systems; Strengthening Ministry of Finance’s Debt Management; Strengthening the National Development Planning Commission (NDPC); and Improving the Governance of State-Owned Enterprises (SOEs).
The Joint Bookrunners, Barclays Bank Ghana, Strategic African Securities and Stanbic Bank Ghana, are pleased to announce the Initial Pricing Guidance (“IPG”) of 18.00% - 19.00% for this week’s 10-Year Republic of Ghana GHS denominated Treasury Bond Issuance. The issuance size is TBD. The book-build will open on Wednesday, 9th November 2016 at 9:00AM and close on Thursday, 10th November 2016. Book, timing updates and revisions to the IPG (based on the book of demand) will be sent to the market as necessary.