By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Ghana said it is planning to issue a $1 billion 10-year Eurobond in 2015 to settle debt that matures in 2017, a Reuters report quoted Seth Terkper, finance minister of the country.

According to the report, this is coming on the heels of a financial assistance deal agreed last week with the International Monetary Fund (IMF).

The report disclosed that Ghana’s government will also continue to use its oil stabilisation fund, oil price hedging and monetary tightening to manage foreign exchange volatility for Ghana’s cedi currency, quoting Terkper in an interview late on Wednesday.