Ghana Doesn’t Plan to Sell Eurobonds in 2012, B&FT Reports
February 10, 2012, 7:09 AM ESTBy Moses Mozart Dzawu
Feb. 10 (Bloomberg) -- Ghana does not intend to sell a second eurobond this year after obtaining a $3 billion loan from China Development Bank Corp., Business and Financial Times reported.
The government is interested in issuing eurobonds after 2012 to create a new benchmark and strengthen its presence on the market, the Accra-based newspaper said, citing Fifi Kwetey, deputy minister of finance and economic planning. Ghana sold $750 million of eurobonds in 2007.
--Editors: Ben Holland, Karl Maier.
To contact reporter on this story: Moses Mozart Dzawu in Accra at mdzawu@bloomberg.net.
To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net.
