9.25% Eurobonds and 6% in the US markets. Two years ago, they even issued one for 17.5%. This also means that there is going to be an upwards pressure on the dollar and a downward pressure on the cedi. Expect to see a 10% "ig ... read full comment
9.25% Eurobonds and 6% in the US markets. Two years ago, they even issued one for 17.5%. This also means that there is going to be an upwards pressure on the dollar and a downward pressure on the cedi. Expect to see a 10% "ignoratus" devaluation of the cedi in the next few months. What a bunch of jokers.
Obenfo 7 years ago
Yes, there would be pressure on the cedi if they are using the loan to service foreign loans,. A payment for interest in dollars is a loss of available dollars in the local economy.
Yes, there would be pressure on the cedi if they are using the loan to service foreign loans,. A payment for interest in dollars is a loss of available dollars in the local economy.
BERNARD 7 years ago
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Paapidi 7 years ago
If a government is desperately looking for a loan under $100 million, then the country is broke as hell.
If a government is desperately looking for a loan under $100 million, then the country is broke as hell.
9.25% Eurobonds and 6% in the US markets. Two years ago, they even issued one for 17.5%. This also means that there is going to be an upwards pressure on the dollar and a downward pressure on the cedi. Expect to see a 10% "ig ...
read full comment
Yes, there would be pressure on the cedi if they are using the loan to service foreign loans,. A payment for interest in dollars is a loss of available dollars in the local economy.
LOOSE WEIGHT NATURAL
Do you want to lose weight faster?
Do you want to flush out and eliminate toxins?0572174551
Do you want to have a nice shape?
Do you want to do more physical exercise without fatigue?
Wondering how t ...
read full comment
If a government is desperately looking for a loan under $100 million, then the country is broke as hell.