Ghana sells 1.01 bln cedi 3-yr bond with 21.5 pct yield
ACCRA, March 9 (Reuters) - Ghana accepted 1.01 billion cedis
($218.6 million) worth of bids for a three-year domestic bond
issued on Thursday that will pay a yield of 21.5 percent, lead
arrangers said.
The new government of President Nana Akufo-Addo, who took
over in January, is trying to rebalance its finances as it faces
large debts caused by years of overspending and lower than
projected oil prices.
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