Create escrow account to repay dollar denominated bond – Govt told

Government has been cautioned not to develop insatiable taste for issuing dollar denominated bond after Ghana’s first local dollar denominated bond was oversubscribed yesterday. Government yesterday raised a total of 94.62 million dollars at a rate of 6.0 percent with a maturity term of two years. Total bids were 99.6 million dollars but government accepted ... Read Full Story