Search

Ghana’s local debt market sees offshore interest after coupon payout

Dr Cassiel Ato Forson, Ghana Finance Minister. Photo courtesy Ministry of Finance/Facebook
Dr Cassiel Ato Forson, Ghana Finance Minister. Photo courtesy Ministry of Finance/Facebook
  • Foreign accounts cautiously return after government settles one of its biggest coupon payments
  • Trading volumes jump 23% in a week, led by central bank and treasury bills

 

ACCRA, GHANA – Foreign investors are re-entering Ghana’s local debt market after the government disbursed GHS9.7 billion ($888mn) coupon last week, boosting confidence in the country’s ability to stay current on its restructured obligations.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
Read More »

Recent Politics

Urban Johannesburg, South Africa. Photo @ Pixabay
Can $1.5bn World Bank loan revive South Africa's stalled economy?
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Should regulators step in as Dangote controls Nigeria's petrol prices?
Read More »
Planes on the tarmac of an airport. Photo by Max Chen @ Pexels
Can Togo become West Africa’s aviation hub after going visa-free?
Read More »

Latest Posts

Latest news insights