{"id":323645,"date":"2017-05-30T06:00:48","date_gmt":"2017-05-30T06:00:48","guid":{"rendered":"http:\/\/citifmonline.com\/?p=323645"},"modified":"2017-05-30T06:00:48","modified_gmt":"2017-05-30T06:00:48","slug":"govt-to-issue-3-year-domestic-bond-on-wednesday","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/05\/govt-to-issue-3-year-domestic-bond-on-wednesday\/","title":{"rendered":"Govt to issue 3 year domestic bond on Wednesday"},"content":{"rendered":"<p>Government has announced it will issue a three year domestic bond on Wednesday, May 31st, 2017.<\/p>\n<p>It is unclear how much government intends to raise and what it intends to use the proceeds for.<\/p>\n<p>The bond will be issued via the book building format and opened to resident and non-resident investors.<\/p>\n<p>Books will close on short notice on Thursday, June 1<sup>st<\/sup> with final pricing and allocation while settlement is scheduled for Monday, 5<sup>th<\/sup> June, 2017.<\/p>\n<p>All successful bids will clear at a single clearing level but there shall be discretionary allocation in the event of over subscription.<\/p>\n<p>Each bond shall have a face value of one Ghana cedi with minimum bids valued at 50 thousand and multiples of 1 thousand cedi thereafter.<\/p>\n<p>The proceeds of the bond will be listed on the Ghana Stock Exchange.<\/p>\n<p>The active bookrunners are Barclays, Strategic African Securities and Stanbic.<\/p>\n<p>&#8211;<\/p>\n<p>By: Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government has announced it will issue a three year domestic bond on Wednesday, May 31st, 2017. It is unclear how much government intends to raise and what it intends to use the proceeds for. The bond will be issued via the book building format and opened to resident and non-resident investors. Books will close on [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32,171,11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Govt to issue 3 year domestic bond on Wednesday - Citi 97.3 FM - Relevant Radio. 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