Ghana mandates for dollars in test of HY appetite
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Emerging MarketsAfrica

Ghana mandates for dollars in test of HY appetite

AdobeStock_Ghana_dollar_575x375_24March2021

The Republic of Ghana, one of the few African sovereigns to have tapped capital markets last year, this week mandated banks to arrange a dollar bond. The multi-tranche bond, market participants say, will demonstrate investors’ appetite for high yield credit.

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