Ghana Clears 2007 Eurobond

Ghana has cleared her first Eurobond issued in 2007.

A former Finance Minister, Seth Terkper who confirmed this to Citi Business News said the government cleared the final installment of the bond on October 4, 2017.

According to him, the government resorted to about 200 million dollars from proceeds from oil and previous bonds issued to retire the debt.

Reacting to the issue, Economist Daniel Amarteye Anim also said that Ghana’s decision to repay its 2007 Eurobond on the maturity date will further deepen its reputation among external investors and increase patronage of future bonds to be...

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