Ghana says to open 2-yr cedi bonds to offshore buyers

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Kwame USA 10 years ago

The Cedi is worthless

The Cedi is worthless
EZEKIEL 10 years ago

How many Public Banks do we have operating in Ghana ?? We have at least 27 PRIVATE BANKS...anybody with an answer ????

How many Public Banks do we have operating in Ghana ?? We have at least 27 PRIVATE BANKS...anybody with an answer ????
Farmer 10 years ago

How would an international investor in his right mind invest in a Ghc denominated bond if the declining value of the currency wipes out any interest he might get? Given the current rating of Ghana government bonds factoring i ...
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How would an international investor in his right mind invest in a Ghc denominated bond if the declining value of the currency wipes out any interest he might get? Given the current rating of Ghana government bonds factoring in exchange rate losses and high risk those bonds would need to come at over 50% interest to be attractive to the most daring international investors.

What are these guys smoking?
citizen 10 years ago

It is sad that a country like Ghana should be ruled by a party formed by a high school drop out and a history major as its president.

It is sad that a country like Ghana should be ruled by a party formed by a high school drop out and a history major as its president.
Mallam Tula. 10 years ago

MASSA ; you are spot on !!!!!!!; these guys at the finance ministry or Bank of Ghana are just JAGUAR JOKERS ; how do you expect a logical investor to invest in Ghana when the profits will be wiped out by the depreciation in t ...
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MASSA ; you are spot on !!!!!!!; these guys at the finance ministry or Bank of Ghana are just JAGUAR JOKERS ; how do you expect a logical investor to invest in Ghana when the profits will be wiped out by the depreciation in the currency besides it is always ; if's and buts ; hopes ; envisage ;hoping;likely what a way to run a market economy and currency; these investors must CRAZY ; the TRUTH IS THAT ONCE INVESTORS GET IN THERE THEY ARE LOCKED ACCRUALS OF DEBT : THE SAME WITH WHAT HAPPENED WITH GREECE : IT IS JUST RECYCLING OF DEBT UNTIL THE TRAIN COMES TO A STAND STILL !!!!!
Garbeben 10 years ago

Ah,master, when the bonds are due what exchange rate would be used to transfer the funds out of the country.?This is going to put future pressure on our cedi. When the foreign investors withdrew their money out of this count ...
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Ah,master, when the bonds are due what exchange rate would be used to transfer the funds out of the country.?This is going to put future pressure on our cedi. When the foreign investors withdrew their money out of this country last June,that deepened the slide in the Cedi. This is a bad thing. This govt is just borrowing everywhere. We are just going down the same path that Greece has gone. Please remember that we are black and may not get favours from the creditors. See how Greece is suffering.
enoch 10 years ago

wake up !! look around and see how foreigner reacts your suggestion. You are the only one person who lives in jungle in Ghana!!!

wake up !! look around and see how foreigner reacts your suggestion. You are the only one person who lives in jungle in Ghana!!!
Rastafara 10 years ago

at what interest rate?

at what interest rate?
Matthew Yankey 10 years ago

any thing that atracts monony to Ghana is a good thing so far as it will be used for the benefit of the Ghanaian people

any thing that atracts monony to Ghana is a good thing so far as it will be used for the benefit of the Ghanaian people
Andrews Ansong 10 years ago

unless you issue eurodollar bond or a bond which pays both the coupon rate and par value at maturity in a stable currency like dollars or pounds,its only an amateur who will invest in these bonds

unless you issue eurodollar bond or a bond which pays both the coupon rate and par value at maturity in a stable currency like dollars or pounds,its only an amateur who will invest in these bonds

cornell 10 years ago

If you are an individual or small investor...don't even contemplate in buying these bonds. On the other hand, institutional investors might find it attractive if a forward contract is used to hedge the underlining instrument.

If you are an individual or small investor...don't even contemplate in buying these bonds. On the other hand, institutional investors might find it attractive if a forward contract is used to hedge the underlining instrument.
NANA AKUFO ADDO 10 years ago

ONE CUBAN CIGAR FOR TERKPER.
THE BEST FINANCE MINISTER SINCE INDEPENDENCE.

LONG LIVE MAHAMA.
LONG LIVE TERKPER.
LONG LIVE GHANA.

ONE CUBAN CIGAR FOR TERKPER.
THE BEST FINANCE MINISTER SINCE INDEPENDENCE.

LONG LIVE MAHAMA.
LONG LIVE TERKPER.
LONG LIVE GHANA.

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Ghana says to open 2-yr cedi bonds to offshore buyers

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