Ghana's 'ambitious' multi-trancher ‘priced to go’

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Ghana's 'ambitious' multi-trancher ‘priced to go’

Alamy_Ghana_Accra_575x375_29March2021
EFCRMP Main shopping district in downtown Accra, Ghana, West Africa. | Alamy Stock Photo

The Republic of Ghana entered the bond market on Monday to sell a multi-tranche dollar bond, which some market participants have called “ambitious”. Some believe the issuer is putting size before price as it tries to locate funding for its 2021 budget.

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