Bond Ghanan 0% ( GHGGOG069824 ) in GHS

Issuer Ghanan
Market price 100 %  ⇌ 
Country  Ghana
ISIN code  GHGGOG069824 ( in GHS )
Interest rate 0%
Maturity 15/05/2023 - Bond has expired



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Minimal amount 1 GHS
Total amount 2 075 160 000 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 Republic of Ghana, a prominent West African nation and an emerging economy active in global capital markets, recently saw the successful conclusion of one of its sovereign debt instruments. The bond, identified by ISIN code GHGGOG069824, reached its maturity date on May 15, 2023. Issued by the Ghanaian government, this debt obligation was denominated in Ghanaian Cedis (GHS) and represented a total issuance size of GHS 2,075,160,000, with a minimum purchase unit set at 1. Notably, the instrument carried a stated interest rate of 0%, which typically signifies a zero-coupon bond structure where investors' returns are realized through the acquisition of the bond at a discount to its par value, with the full face value repaid at maturity. Reports confirm that the bond has been fully repaid at its 100% market price, signifying the successful principal repayment to bondholders upon its maturation.