The International Finance Corporation has secured approval to regularly issue local currency bonds in Ghana worth up to $1 billion to bolster the West African country’s domestic bond market, it said on Wednesday. IFC, the World Bank’s private sector arm, said Ghana’s Securities and Exchange Commission and the Ghana Stock […]
Tag: $1 billion
Opportunities Abound for Nigeria Private Sector to Issue Own Bond-DG DMO
Lagos (INVESTADVOCATE) Peter OBIORA, Online Editor at InvestAdvocate captured a Question and Answer Session with Abraham Nwankwo, Director General (DG) Nigeria’s Debt Management Office (DMO) at the recently organised retreat for financial and investment journalists in Lagos Nigeria. Excerpts: What did you do to be able to sell the $1.0 […]
IFC to Launch $1 Billion Local-Currency Bond to Support Nigeria’s Capital Markets
IFC, a member of the World Bank Group, is working with the Securities and Exchange Commission in Nigeria to launch the first long-term, local-currency bond program in the country. The program will allow IFC to issue a series of local-currency bonds totaling up to $1 billion, to deepen domestic capital […]
