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10-YEAR REPUBLIC OF GHANA GHS DENOMINATED TREASURY BOND ISSUANCE: INITIAL PRICING GUIDANCE (“IPG”):

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.
 
Amendment to the Offer: Please note that regarding the Issue Methodology, there will be discretionary (and not pro rata) allocation in the event of oversubscription at the single clearing level.
 

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