Gov’t to pay 25.4% interest on 3-year bond

The Bank of Ghana’s three-year bond issued on Tuesday attracted a staggering high interest rate of 25.4%. This is the second highest rate for a 3-year bond this year. The central bank issued the bond to raise an amount of GHC 400 million. With this high interest rate of 25.4%, the BoG will pay investors ... Read Full Story