Government's Sovereign Bond Listed On Stock Exchange

The $ 1 billion government sovereign bond has been listed on the Ghana Stock Exchange. The listing which is the first ever listing of Eurobonds in Sub-Sahara Africa on a local stock exchange is expected to give investors and prospective ones the opportunity to trade them on the secondary market. The Minister of Finance, Seth Terkper, describes the listing as a significant development in the capital market and a key activity to consolidate the country�s middle income status. The Managing Director of the Ghana Stock Exchange, Kofi Yamoah, said the listing will further increase investor confidence in the market.