Ghana seeks fresh Eurobond this yr of up to $500 mln: finmin - CNBC Africa

Ghana seeks fresh Eurobond this yr of up to $500 mln: finmin

Western Africa

by Reuters 0

Ghana;s finmin says country will seeks fresh Eurobond this yr of up to $500 mln. PHOTO: PIXABAY

Ghana will seek to issue a fresh Eurobond of up to 500 million US dollars by year end if market conditions are right, Finance Minister Seth Terkper told a news conference on Friday.

The government launched a one billion Eurobond at a 10.75 percent coupon rate on Oct. 7, after having initially targeted a 1.5 billion US dollars bond at 9.5 percent.

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