Financial Services 

US$3 billion Eurobond hits Bank of Ghana’s accounts

The US$3 billion Eurobond issued by the government earlier this week has hit the accounts of the Bank of Ghana, a source close to the central bank has told Citi Business News. The funds from the three-pronged bond deal reached the central bank last Tuesday. The proceeds from the bond provide an improved cover for the Bank of Ghana’s foreign reserves which as at November 2019, was in excess of US$5 billion. The government in February this year made its eighth appearance on the Eurobond market where it raised a…

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