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ItalianoBond Ghanan 0% ( GHGGOG070608 ) in GHS
| Issuer | Ghanan |
| Market price | 100 % ⇌ |
| Country |  Ghana
|
| ISIN code |
 GHGGOG070608 ( in GHS )
|
| Interest rate | 0% |
| Maturity | 31/07/2023 - 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 | 1 530 180 000 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 a significant emerging market economy known for its natural resources, recently concluded the repayment of a notable sovereign bond issue, uniquely identified by ISIN GHGGOG070608. This specific debt instrument, denominated in Ghanaian Cedis (GHS), represented a substantial total issuance size of GHS 1,530,180,000, with an accessible minimum purchase size of 1 unit. While carrying a stated interest rate of 0%, which typically indicates a zero-coupon bond where investor returns are derived from a discount to par at issuance, the bond was designed with a single payment frequency. Its definitive maturity date was July 31, 2023, and as confirmed, this obligation successfully reached maturity and was fully redeemed at 100% of its market price, affirming the issuer's adherence to its financial commitments. |