Today, October 7, 2015. Ghana has priced and will issue its fourth Eurobond of US$1.0 billion at a coupon rate of 10.75%. The bond was oversubscribed with orders reaching up to US$2 billion. Like the three previous issues, this year’s bond attracted investors from the United Kingdom, Europe, the United States, Middle East and Asia.
Today, October 1, 2015. A Government delegation led by the Minister of Finance and the Governor of the Bank of Ghana met investors in London, San Francisco, Los Angeles, Boston and New York. Investors were updated of Ghana’s significant progress towards fiscal consolidation and the continued support provided by the IMF, the World Bank Group and other development partners.
The Government of Ghana thanks its current and prospective international investors for the series of meetings from September 22 to September 30, 2015. The Government of Ghana continues to consider a USD bond issue, subject to market conditions, as stated in the original announcement.