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Business News of Saturday, 17 August 2019

Source: laudbusiness.com

Finance Ministry announces 20year Treasury Bond Issuance Transaction


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The Ministry of finance has on Thursday August 15, 2019 announced the ‘August 2019 20-Year Treasury Bond Issuance Transaction.’

The Book-build opens 9:00 AM, Wednesday, August 21, 2019.

The announcement which was published on the Ministry’s website by the Treasury and Debt Management Division, said each bond shall have a face value of One Ghana Cedi.

The minimum bid, according to the Ministry is “GHS50 Thousand and multiples of GHS1 thousand thereafter.”

It added: “Book-build opens 9:00 AM, Wednesday, August 21, 2019. Revised Pricing Guidance (released as necessary during the Book-build).

“Revised and Final Pricing Guidance (released as necessary during the Book-build). Books are expected to close around 2:30 PM on Thursday, August 22, 2019.”

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