Gov’t bond issuance to tease-out private sector

The successful issuance of government’s maiden 10-year bond could tease-out the interest for long-term financing by the private sector, says Jeffery Ken Baiden, Chief Investment Officer at Nimed Capital, "Some blue chip companies in Ghana are already enjoying long-term funding, however, the current bond issue will tease-out the interest for long-term funding as banks and other finance houses advance short-term funds," he said. Read Full Story