Bond Ghanan 0% ( GHGGOG056631 ) in GHS

Issuer	Ghanan
Market price	100 % ⇌
Country	Ghana
ISIN code	GHGGOG056631 ( in GHS )
Interest rate	0%
Maturity	11/11/2019 - 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	572 220 000 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. This financial report provides an update on a specific sovereign debt instrument, identified by ISIN GHGGOG056631, which was issued by the Republic of Ghana, an active participant in global financial markets and a prominent West African nation recognized for its robust natural resource base, including significant exports of gold, cocoa, and oil, and its ongoing commitment to economic development and fiscal stability. This Ghana Cedi (GHS) denominated bond, which had a total issue size of GHS 572,220,000 and a minimum purchase unit of 1, matured on November 11, 2019. With a stated interest rate of 0% and a payment frequency of 1, it functioned as a zero-coupon bond, designed for a single principal repayment at par. At the point of its maturity, the bond was valued at 100% of its face value, signifying its successful repayment to bondholders, thereby underscoring the issuer's timely fulfillment of its financial obligations for this particular debt security.