Bond Ghanan 0% ( GHGCMB065419 ) in GHS

Issuer Ghanan
Market price 100 %  ⇌ 
Country  Ghana
ISIN code  GHGCMB065419 ( in GHS )
Interest rate 0%
Maturity 14/07/2022 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 1 GHS
Total amount 1 600 000 000 GHS
Detailed description Ghana is a West African country known for its rich history, diverse culture, vibrant arts scene, and significant role in the transatlantic slave trade.

Accra, Ghana ? A specific Ghanaian sovereign debt instrument, identified by ISIN GHGCMB065419, has recently completed its lifecycle, reaching maturity and undergoing full redemption. This bond, issued by the Republic of Ghana, served as a mechanism for the West African nation to raise capital within its domestic financial markets. The instrument, categorized as a bond, featured a 0% coupon rate and was denominated in Ghanaian Cedis (GHS). Its total issue size amounted to GHS 1,600,000,000, with a minimum purchase denomination of 1 unit, catering to a broad range of investors. The bond reached its scheduled maturity on July 14, 2022, at which point it was redeemed at 100% of its par value, indicating a successful capital repayment. Consistent with its zero-coupon structure, the principal repayment occurred as a single transaction upon the maturity date. The Republic of Ghana, the issuer of this bond and its country of emission, is a significant player in the global commodities market, notably for gold, cocoa, and crude oil, which form the bedrock of its economy. As a sovereign entity, Ghana frequently accesses both local and international capital markets to finance public projects, manage national debt, and support its economic development agenda. The nation's ability to consistently honor its financial obligations, such as the timely redemption of this GHS-denominated bond, is critical for maintaining investor confidence and ensuring its continued access to diverse funding sources. The successful and orderly redemption of this bond underscores Ghana's commitment to its debt servicing responsibilities and contributes to the overall stability of its financial market.