{"id":463003,"date":"2018-02-09T13:21:22","date_gmt":"2018-02-09T13:21:22","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/09\/government-raises-ghc1-99bn-bond-at-16-5\/"},"modified":"2018-02-09T13:21:22","modified_gmt":"2018-02-09T13:21:22","slug":"government-raises-ghc1-99bn-bond-at-16-5","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/09\/government-raises-ghc1-99bn-bond-at-16-5\/","title":{"rendered":"Government raises GHC1.99bn bond at 16.5%"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/14232845.295.jpg\" alt=\"Ken Ofori Atta Japan\" title=\"Ken Ofori Atta Japan\" width=\"295\" height=\"275\" \/><span class=\"image_caption\"><span>Finance Minister, Ken Ofori Atta<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1518182482_661_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">Government has raised a total of GHC1.99 billion in a five-year domestic bond at a yield of 16.5 percent, Citi Business News has gathered.<\/p>\n<p>The initial guidance for the bond, open to non-resident Ghanaians, was in the range of 15 percent to 16.5 percent.<\/p>\n<p>The total bids tendered were 2.01 billion cedis but government accepted 1.99 billion cedis. Settlement of the bond will mature on 2023.<\/p>\n<p>The bookrunners were Barclays Bank Ghana, Stanbic Ghana, Fidelity Bank, Databank and brokerage firm IC securities.<\/p>\n<p>A scheduled table released by the Finance Minister through the central bank early this year stated that government plans to issue a total of 11.13 billion cedis in the first three months of this year.<\/p>\n<p>Of this amount, 8.96 million cedis are to be rollovers to restructure maturing debt.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister, Ken Ofori Atta Government has raised a total of GHC1.99 billion in a five-year domestic bond at a yield of 16.5 percent, Citi Business News has gathered. The initial guidance for the bond, open to non-resident Ghanaians, was in the range of 15 percent to 16.5 percent. The total bids tendered were 2.01 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":447498,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-463003","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/463003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=463003"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/463003\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=463003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=463003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=463003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}