Ghana Government to issue 7-year cedi-denominated bond on Match 30

The Government of Ghana is set to issue a 7-year cedi-denominated bond on March 30, 2026.

It is also hoping to carry out initial pricing guidance as well as opening the book building on that same day.

This is the first time since 2022 that the government is issuing a cedi-denominated bond after the expiration of the Domestic Debt Exchange Programme restrictions imposed in 2023.

The document showed that the government is hoping to announce the expected interest to be paid on the bond on April 1, 2026, while settlement will also be done on April 7, 2026.

Investors hoping to participate in the offer are allowed to target a minimum of GH¢ 50, 000 in bids.

The bond will be opened to residents and non-resident investors.

The government is hoping to use funds from the bond to finance some projects in the 2026 budget.