Tag: Central Bank of Ghana

Government to securitize $3.3bn in Central Bank loans

Government to securitize $3.3bn in Central Bank loans

Ghana plans to convert an estimated 40 billion cedis ($3.3 billion) of loans owed to the Bank of Ghana into bonds, making the Central Bank the single largest holder of domestic government securities and exposing it to the ongoing debt restructuring process. According to people familiar with the matter, the…

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