The government has announced plans to re-enter the domestic bond market, outlining the structure and process for its new Treasury Bond programme.
Although an exact date has not yet been set, the move aims to re-establish a stable domestic borrowing programme following the country’s recent debt restructuring.
Officials say it is expected to help rebuild investor confidence and deepen Ghana’s debt market.
According to the Ministry of Finance, proceeds will be used to support the national budget.
Under the programme, the government will issue senior unsecured treasury bonds denominated in cedis. Investors will be required to submit a minimum bid of GH¢50,000, with additional investments in multiples of GH¢1,000.
The coupon rate will be determined through an auction process, with interest paid semi-annually.
Settlement will be conducted electronically through the Central Securities Depository, and the bonds will be listed and traded on the Ghana Fixed Income Market.
The Ministry of Finance said further details, including auction dates and tenors, would be announced in due course.
Authorised Bond Market Specialists, including Absa Bank, CalBank, GCB Bank, and Stanbic Bank, will manage investor participation.
