Please be informed that in line with the Government’s published issuance calendar for May 2016, a 3-Year Fixed Rate Bond will be issued on Thursday, 26th May 2016 for an amount of GH¢500.00 million. This is to rollover the maturing 3-Year Bond, which falls due on 30th May 2016.
I. Members of the general public may apply to any Primary Dealer for purchases of the said securities.
II. The 3-Year Fixed Rate Bond is available to both Resident and Non-Resident Investors. Bids must be electronically delivered to the Central Securities Depository Auction Module not later than 1.30pm on THURSDAY 26TH MAY, 2016
Government’s attention has been drawn to a statement by Dr. Mahamudu Bawumia, the running mate to the Flagbearer of the New Patriotic Party, that Government is diverting US$250 million of the US$1.0 billion Eurobond issued last year to the Ghana Infrastructure Investment Fund (GIIF), which he claims not in operation, to a private account in a private bank, for election campaigns ahead of the November polls.