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Govt set to issue local bond

The government has signalled its intent to return to the domestic bond market, providing fresh details on the structure, issuance process and trading of the securities under its new Treasury Bond programme. Although documents sighted by the Daily Graphic did not state the exact date of fresh bond issuance, the development forms part of efforts to reestablish a stable domestic borrowing programme following the country’s recent debt restructuring, which is expected to rebuild investor confidence and deepen Ghana’s domestic debt market. [...]