{"id":463961,"date":"2018-02-13T13:43:28","date_gmt":"2018-02-13T13:43:28","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/13\/govt-must-diversify-sources-of-eurobond-fund-economist\/"},"modified":"2018-02-13T13:43:28","modified_gmt":"2018-02-13T13:43:28","slug":"govt-must-diversify-sources-of-eurobond-fund-economist","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/13\/govt-must-diversify-sources-of-eurobond-fund-economist\/","title":{"rendered":"Gov\u2019t must diversify sources of Eurobond fund \u2014 Economist"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Tuesday, 13 February 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>citibusinessnews.com<\/p>\n<p>2018-02-13<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/01\/46532347.295.jpg\" alt=\"Lord Mensah Ect\" title=\"Lord Mensah Ect\" width=\"295\" height=\"157\" \/><span class=\"image_caption\"><span>Economist, Dr. Lord Mensah<\/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=151125817929577\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125817929577\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1518529408_636_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The impending increase of the U.S Fed rate should encourage government to diversify the sources of its next Eurobond\u2014 that is an advice from Economist, Dr. Lord Mensah.<\/p>\n<p>His assertion follows a press release announcing that the Minister of Finance, is leading a government delegation on a non-deal road show in Asia to attract Asian investors.<\/p>\n<p>The U.S is expected to increase its policy rate this year, and this is anticipated to affect the rate at which U.S investors will lend outside the country.<\/p>\n<p>Speaking to Citi Business News, Dr. Lord Mensah stated that it is prudent for government to look at investors in emerging markets to attract a good rate when it is ready to issue a Eurobond.<\/p>\n<p>\u201cThe best way is to look elsewhere. Going forward, I foresee interest rates in the Western market (Europe and America) going up because the Fed in the U.S is about to increase their monetary policy rate,\u201d he said.<\/p>\n<p>Dr. Mensah explained that, such a move will affect the buildup of the cost of lending.<\/p>\n<p>\u201cIt will feed into all their interest rate structures. So going to the western market will attract high interest rate. So why don\u2019t you explore other alternative markets. I think going to Asia is a good idea,\u201d he said.<\/p>\n<p>He maintained that there is the need for government to always work at reducing the cost of funds it borrows from the international market.<\/p>\n<p><!-- uploaded by: 3 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\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>Business News of Tuesday, 13 February 2018 Source: citibusinessnews.com 2018-02-13 Economist, Dr. Lord Mensah The impending increase of the U.S Fed rate should encourage government to diversify the sources of its next Eurobond\u2014 that is an advice from Economist, Dr. Lord Mensah. His assertion follows a press release announcing that the Minister of Finance, is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":455589,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-463961","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\/463961","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=463961"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/463961\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=463961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=463961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=463961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}