Even though the government was aiming at one billion dollars, it was able to secure 2.9 billion dollars worth of bids in its Eurobonds issue from foreign investors in September this year.
Proceeds of the bond would be used to finance some infrastructure projects outlined in the 2014 budget.
The Eurobond auction took the government’s team to London, Germany, California, Boston and New York.
Find attached below the full document Finance Minister, Seth Terkper and his team presented to investors leading to the oversubscription.
Ghana Investor Presentation 2014
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