Ghana Heads Back to Debt Markets to Lock In Borrowing Costs
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Ghana is heading back to the international capital markets to lock in relatively low borrowing costs before inflation concerns push global yields up further.
West Africa’s second-biggest economy targets to issue its first zero-coupon dollar bond with four-year maturity, alongside a seven-year, 12-year and 20-year instruments, according to people familiar with the plans, who asked not to be named because they are not authorized to speak publicly about it.