Tag Archives: Debt Stock

Bawumia’s Advisor discounts Minority’s grave prediction about debt stock

Bawumia's Advisor

The Technical Economic Advisor to Vice President, Dr Mahamudu Bawumia, has dispelled suggestions that the rate of borrowing under the current administration could plunge the economy into an irreparable national debt situation. Dr Gideon Boako says the Minority’s argument that the rate of borrowing under the current administration points to at least an excess of GH¢140 billion in added national ...

Read More »

Gov’t raises GH¢1bn domestic bond at 21.5%

2018 Budget

The government has raised a total of 1.01 billion cedis three-year domestic bond issued at a yield of 21.5 percent. The bond, which had a bullet principal payment was marketed to resident investors only, at an initial pricing guidance of 19 to 23 percent. According to the Bank of Ghana, the bond had a face value of one Ghana cedis ...

Read More »