Bond Ghanan 0% ( GHGGOG068172 ) in GHS
| Issuer | Ghanan |
| Market price | 100 % ⇌ |
| Country | Ghana
|
| ISIN code |
GHGGOG068172 ( in GHS )
|
| Interest rate | 0% |
| Maturity | 09/01/2023 - 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 | 1 156 280 000 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. The financial markets recently observed the successful maturity and full repayment of the GHGGOG068172 bond, an instrument issued by the Republic of Ghana, a sovereign state located in West Africa and a prominent issuer in the emerging market debt landscape. This particular bond, denominated in Ghanaian Cedis (GHS), represented a total issuance size of GHS 1,156,280,000, with a minimum investment threshold set at 1 unit. Despite bearing a stated interest rate of 0% ? a characteristic that might suggest it operated as a zero-coupon instrument or a short-term treasury bill ? the security reached its maturity on January 9, 2023, at which point its market price stood at 100%, confirming its full repayment at par to investors, with its payment frequency noted as annual. |
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