Low investor confidence reduced 5th Eurobond maturity

Some economists have strongly suggested that the lack of investor confidence in the Ghanaian economy, led to the reduced maturity period for government’s 750 million dollar Eurobond. According to a Senior Lecturer at the University of Ghana, Dr. Lord Mensah, the lack of trust in the Ghanaian economy led to a coupon rate of 9.25%. ... Read Full Story