Bond Ghanan 0% ( GHGCMB069791 ) in GHS

Issuer	Ghanan
Market price	100 % ⇌
Country	Ghana
ISIN code	GHGCMB069791 ( in GHS )
Interest rate	0%
Maturity	08/08/2023 - Bond has expired
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Minimal amount	1 GHS
Total amount	2 354 722 292 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. An analysis of the bond market reveals the recently matured sovereign bond, identified by ISIN GHGCMB069791, issued by the Republic of Ghana, a prominent West African nation actively engaged in the global financial markets to fund its national development initiatives and manage its public finances. This specific debt instrument, denominated in Ghanaian Cedis (GHS), represented a total issuance size of 2,354,722,292 GHS, with a minimum purchase unit set at 1 GHS, making it accessible to a wide range of investors. Notably, this bond was characterized as a zero-coupon instrument, meaning it bore no periodic interest payments and was structured to provide a return through a discount at issuance and full redemption at par. With a defined maturity date of August 8, 2023, and a single payment frequency at term, the bond was observed trading at 100% of its par value on the market at the time of its expiration. As officially confirmed by the issuer, this financial obligation has successfully reached its maturity and has been fully redeemed, signifying the completion of Ghana's repayment commitments to its bondholders for this particular issue.