Eurobond over-subscription shows confidence

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• DAN 12 years ago

  compare to greece or people's credit ratings and you will see that people with good credit pay 5% for 6 year car loan while people with bad credit can get charged 15%-25% for loan..Hi rates=HI RISK!..Ghana is already like per ...
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  compare to greece or people's credit ratings and you will see that people with good credit pay 5% for 6 year car loan while people with bad credit can get charged 15%-25% for loan..Hi rates=HI RISK!..Ghana is already like person with credit line maxxed out..Taking money from new bonds to repay old bonds..Why is tax income from gold,cocoa.timber and oil not repaying old bonds?

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• DAN 12 years ago

  why save in america for 2% when you can get 15% in Ghana and Nigeria??

  why save in america for 2% when you can get 15% in Ghana and Nigeria??

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• Say the TRUTH 12 years ago

  FELIX MUST BE DREAMING & WITH HIS LIES - HE SHOULD READ THIS ANALYSIS FROM THE BUSINESSWORLD NEWS:
  
  
  Ghana Said to Plan 10-Year Eurobond Priced Above Nigeria
  
  The yield for the 10-year, dollar-denominated notes will be a ...
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  FELIX MUST BE DREAMING & WITH HIS LIES - HE SHOULD READ THIS ANALYSIS FROM THE BUSINESSWORLD NEWS:
  
  
  Ghana Said to Plan 10-Year Eurobond Priced Above Nigeria
  
  The yield for the 10-year, dollar-denominated notes will be around 8.125 percent, according to the people, who asked not to be named as the details are private. That compares with 6.63 percent yielded in Nigeria’s sale of 10-year bonds on July 2.
  Developing-nation yields had soared to 5.54 percent June 24, the highest since 2011, as Bernanke signaled he may reduce bond buying that fueled gains in emerging assets. Yields were at 4.87 percent yesterday, the Bloomberg USD Emerging Market Sovereign Bond Index shows.
  “At first glance, the new bond looks cheap, but this suggests that Ghana is offering a decent premium to compensate investors for the risks associated with the country’s fiscal and macroeconomic imbalances,” Samir Gadio, an emerging-markets strategist at Standard Bank Group Ltd. in London, said in e-mailed comments today.

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• Abeeku 12 years ago

  Road to excel.

  Road to excel.

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