My understanding is that this bond is meant to pay off the 750million borrowed by NPP in 2007, so it is not a bad idea to reduce the repayment to 5 years to compel the government to pay it off quickly. The longer the period t ... read full comment
My understanding is that this bond is meant to pay off the 750million borrowed by NPP in 2007, so it is not a bad idea to reduce the repayment to 5 years to compel the government to pay it off quickly. The longer the period the more we pay eventually. It is not as bad as it is being made to look.
Fred 9 years ago
At a higher interest rate ??
At a higher interest rate ??
Nii Danso 9 years ago
Yes. Even at a higher interest rates.. Besides, everyone is talking about the fundamentals without talking about the effects of even deeper fundamentals. Economics and economic theory has changed. and that's why i feel sad t ... read full comment
Yes. Even at a higher interest rates.. Besides, everyone is talking about the fundamentals without talking about the effects of even deeper fundamentals. Economics and economic theory has changed. and that's why i feel sad that most of our economists have become politicians and are sacrificing the argument and their career reputation for politcal expediency. Who do we turn to? the Plebs perhaps.
DusTY-FooT-pHiloSophER 9 years ago
My friend, just don't waste your time on these desperadoes and their surrogates abound.
My friend, just don't waste your time on these desperadoes and their surrogates abound.
modinsane 9 years ago
The NPP told us that it was going to be used to construct the western railway. At the end of the day they used the money to buy fuel and part of it was used to pay wages and salaries.
The NPP told us that it was going to be used to construct the western railway. At the end of the day they used the money to buy fuel and part of it was used to pay wages and salaries.
Nii Danso 9 years ago
For the first time I am actually enjoying comments here because everyone so far seems to be asking the right questions based on issues. I wish its always like this.
For the first time I am actually enjoying comments here because everyone so far seems to be asking the right questions based on issues. I wish its always like this.
Enny 9 years ago
Exactly my Nii
Exactly my Nii
NANA PROMISY 9 years ago
Whatever! The interest rate is not necessarily high because of a weak economic. Any idiot may say so. Interest rate is a bundle of so many risk factors, and not necessarily a single factor, a weak economy.
Ghanaian journa ... read full comment
Whatever! The interest rate is not necessarily high because of a weak economic. Any idiot may say so. Interest rate is a bundle of so many risk factors, and not necessarily a single factor, a weak economy.
Ghanaian journalists will forever remain dumb if they don't educate themselves on the issues and only rely on politicians to feed them lies and half truths.
Franca 9 years ago
What else do u want to see to accept that this economy is weak. This economy is growing @ 3%. Personal loan interest rate is 34%. Business loans is averaging 40%. And do you know interest on treasury bills.??? These are indic ... read full comment
What else do u want to see to accept that this economy is weak. This economy is growing @ 3%. Personal loan interest rate is 34%. Business loans is averaging 40%. And do you know interest on treasury bills.??? These are indicators of a weak economy . This economy is weak that is why IMF is here.
Nii Danso 9 years ago
The IMF is a hatchet man. They are the reason why most of the world economies especially the the third world are failing. All the advise they been billing out on all these countries, can't someone wake the fuck up and tell th ... read full comment
The IMF is a hatchet man. They are the reason why most of the world economies especially the the third world are failing. All the advise they been billing out on all these countries, can't someone wake the fuck up and tell them that shit ain't working? and that they themselves needs to be advised on proper product development and customer services?
Him 9 years ago
better borrow from donald trump. Borrow next time 750 billion
better borrow from donald trump. Borrow next time 750 billion
Ogyam 9 years ago
NDC is the worst thing for ghana, yet because of illeteracy , they will still get considerable amount of votes.
NDC is the worst thing for ghana, yet because of illeteracy , they will still get considerable amount of votes.
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 9 years ago
I looks at the figures and this is the term structure of payment that Bawumia and the Osei Asibey won't give you. I provide them for free for all to view.
5 Year 750 million Loan @ 9.25% (Annual Loan Payment of $194,071, ... read full comment
I looks at the figures and this is the term structure of payment that Bawumia and the Osei Asibey won't give you. I provide them for free for all to view.
5 Year 750 million Loan @ 9.25% (Annual Loan Payment of $194,071,717.32)
So it is true that the interest rate of 9.25% is lower than the 10.75% but the shorter maturity on this loan means we will pay more annually for the loan than we would for the 1 billion dollar loan at 10.75% maturing in 15 years.
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 9 years ago
I look at the figures and this is the term structure of payment that Bawumia and the Osei Asibey won't give you.
Sorry for the poor layout of the figures. The 1st $ sign marks the Interest amount and the 2nd $ sign marks t ... read full comment
I look at the figures and this is the term structure of payment that Bawumia and the Osei Asibey won't give you.
Sorry for the poor layout of the figures. The 1st $ sign marks the Interest amount and the 2nd $ sign marks the Principal component for each year's total payment.
DKB 9 years ago
You were more interested in insulting a section of Ghanaians rather than focus your argument on facts and getting your point across, no wonder you have to come back and apologise for your poor layout.
You were more interested in insulting a section of Ghanaians rather than focus your argument on facts and getting your point across, no wonder you have to come back and apologise for your poor layout.
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 9 years ago
Fuck you and fuck your fucking prostitute mother. My interest is in the numbers, numbers that you can never come up with. Onye gbemi agbo!
Fuck you and fuck your fucking prostitute mother. My interest is in the numbers, numbers that you can never come up with. Onye gbemi agbo!
DOG BEATER 9 years ago
SAME AMOUNT AT SAME INTEREST RATE FOR 5YRS COSTS LESS THAN SAME AMOUNT FOR SAME RATE FOR 15YRS COS LESS TOTAL INTEREST PAYMENT COS LESS YEARS. 5YR LOAN ONLY MEANS U REPAY MORE OF THE ACTUAL LOAN EACH YEAR IE IN 5YRS INSTEAD O ... read full comment
SAME AMOUNT AT SAME INTEREST RATE FOR 5YRS COSTS LESS THAN SAME AMOUNT FOR SAME RATE FOR 15YRS COS LESS TOTAL INTEREST PAYMENT COS LESS YEARS. 5YR LOAN ONLY MEANS U REPAY MORE OF THE ACTUAL LOAN EACH YEAR IE IN 5YRS INSTEAD OF 15YRS BUT THE 15YRS GUY IS STILL PAYING LOAN+INT IOYRS AFTER 5 YRS GUY HAS FINISHED.BETTER STILL OUR 5YR LOAN EVEN HAS LOWER INT RATE IE 9.25% VRS 10.75 FOR 15YRS GUY
kwasi addo 9 years ago
listing to urself, if its npp euro bond payment they are.raising this bond for it will be next yr not now
listing to urself, if its npp euro bond payment they are.raising this bond for it will be next yr not now
My understanding is that this bond is meant to pay off the 750million borrowed by NPP in 2007, so it is not a bad idea to reduce the repayment to 5 years to compel the government to pay it off quickly. The longer the period t ...
read full comment
At a higher interest rate ??
Yes. Even at a higher interest rates.. Besides, everyone is talking about the fundamentals without talking about the effects of even deeper fundamentals. Economics and economic theory has changed. and that's why i feel sad t ...
read full comment
My friend, just don't waste your time on these desperadoes and their surrogates abound.
The NPP told us that it was going to be used to construct the western railway. At the end of the day they used the money to buy fuel and part of it was used to pay wages and salaries.
For the first time I am actually enjoying comments here because everyone so far seems to be asking the right questions based on issues. I wish its always like this.
Exactly my Nii
Whatever! The interest rate is not necessarily high because of a weak economic. Any idiot may say so. Interest rate is a bundle of so many risk factors, and not necessarily a single factor, a weak economy.
Ghanaian journa ...
read full comment
What else do u want to see to accept that this economy is weak. This economy is growing @ 3%. Personal loan interest rate is 34%. Business loans is averaging 40%. And do you know interest on treasury bills.??? These are indic ...
read full comment
The IMF is a hatchet man. They are the reason why most of the world economies especially the the third world are failing. All the advise they been billing out on all these countries, can't someone wake the fuck up and tell th ...
read full comment
better borrow from donald trump. Borrow next time 750 billion
NDC is the worst thing for ghana, yet because of illeteracy , they will still get considerable amount of votes.
I looks at the figures and this is the term structure of payment that Bawumia and the Osei Asibey won't give you. I provide them for free for all to view.
5 Year 750 million Loan @ 9.25% (Annual Loan Payment of $194,071, ...
read full comment
I look at the figures and this is the term structure of payment that Bawumia and the Osei Asibey won't give you.
Sorry for the poor layout of the figures. The 1st $ sign marks the Interest amount and the 2nd $ sign marks t ...
read full comment
You were more interested in insulting a section of Ghanaians rather than focus your argument on facts and getting your point across, no wonder you have to come back and apologise for your poor layout.
Fuck you and fuck your fucking prostitute mother. My interest is in the numbers, numbers that you can never come up with. Onye gbemi agbo!
SAME AMOUNT AT SAME INTEREST RATE FOR 5YRS COSTS LESS THAN SAME AMOUNT FOR SAME RATE FOR 15YRS COS LESS TOTAL INTEREST PAYMENT COS LESS YEARS. 5YR LOAN ONLY MEANS U REPAY MORE OF THE ACTUAL LOAN EACH YEAR IE IN 5YRS INSTEAD O ...
read full comment
listing to urself, if its npp euro bond payment they are.raising this bond for it will be next yr not now