Business News of Sunday, 13 May 2018Source: citinewsroom.com$2bn Eurobond to improve public infrastructure – Finance Ministerken Ofori-Atta, Finance MinisterThe Minister for Finance, Ken Ofori Atta has told Citi News that savings made from the government’s latest sovereign bond issued, will be invested in improving infrastructure that will, in turn, drive job creation. The government has raised 2 billion dollars in its first Eurobond comprising ten and thirty-year bonds. “A couple of the key issues that our government committed to tackle are infrastructure deficit and job creation. However, upon completion, the Sovereign bond accrued two billion dollars from investors. Investors have expressed increased confidence in the early turn around signs and have chosen to reward Ghana for it.”The last five year Eurobond issued in 2016, attracted an interest rate of 9.25 percent.

Source: GhanaWeb May 12, 2018 16:41 UTC