Ghana debt with central bank halved, interest rate cut – sources
Published on: Friday 28 July 2023
ACCRA, July 28 (Reuters) – Ghana’s government has written off half of the 77.6 billion cedis ($7 billion) it owed to the central bank and replaced the remainder with a lower yielding, 15-year bond, three sources with direct knowledge of the transaction told Reuters. The latest move is part of the West African nation’s push to restructure […]
News source: https://www.cnbcafrica.com/2023/ghana-debt-with-central-bank-halved-interest-rate-cut-sources/
