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: Bond
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 […]
IFC to issue up to $1 billion in Nigerian naira bonds
The International Finance Corporation will launch a $1 billion local currency bond programme in Nigeria that will allow it to issue debt regularly to fund infrastructure and other development projects, it said on Wednesday. The IFC, the World Bank’s private sector arm, said the programme would help deepen domestic capital […]
