Ghana’s ‘ambitious’ multi-trancher ‘priced to go’

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Ghana’s ‘ambitious’ multi-trancher ‘priced to go’

29 March 2021 Emerging markets 0
The Republic of Ghana entered the bond market on Monday to sell a multi-tranche dollar bond, which some market participants have called “ambitious”. Some believe the issuer is putting size before price as it tries to locate funding for its 2021 budget.