Analysts hail oversubscription of 7yr bond

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• Jeff, UK 12 years ago

  Good government rejected the offshore bids. These are mostly drug monies and this would have aided money laundering. Kudos government

  Good government rejected the offshore bids. These are mostly drug monies and this would have aided money laundering. Kudos government

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• P-KAN 12 years ago

  So how many analysts have been quoted here? Poor propaganda article. After spending the tax payers' money needlessly, all what this weak government can do is go on a bond-selling spree. Yes, you 'll receive the funds, but wha ...
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  So how many analysts have been quoted here? Poor propaganda article. After spending the tax payers' money needlessly, all what this weak government can do is go on a bond-selling spree. Yes, you 'll receive the funds, but what's going to happen if you continue to use it on party cars and your flamboyant lifestyle? The world is likely to suffer another crisis in the next few weeks if the US QE is terminated. Any serious economy with good research would not sell a 7 year bond. The purpose for a 7 year bond is even a secret to the general public. We are only playing with this country and it's definitely going to affect us sooner than later. The cedi continues to depreciate, inflation is soaring, and yet we sell bonds with 17.5% yield. Why wouldn't there be over-subscription if other economies are selling similar bonds with 6.5% or less yields? Sometimes I wonder the kind of economists we have in this country. Let's see if this fund will even be put to any meaningful use.

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• ETSE 12 years ago

  I sense the government is broke and wants to borrow money from the public despite revenue from the black gold.

  I sense the government is broke and wants to borrow money from the public despite revenue from the black gold.

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• Ohemaa 12 years ago

  Who those analysts? Do they understand investing in bonds? I will rather stay with a shorter duration bond in Ghana, because the economy is deteriorating and interest rates could go higher. These analysts (how many were cited ...
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  Who those analysts? Do they understand investing in bonds? I will rather stay with a shorter duration bond in Ghana, because the economy is deteriorating and interest rates could go higher. These analysts (how many were cited?) are really dumb.

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