Government plans early bond market re-entry [Video]

It plans to reintroduce access to its domestic bond market for non-resident investors as early as next year, signalling confidence in the economic outlook.

This contrasts with the two- to four-year period it usually takes for countries to regain market access after debt restructuring.

Samuel Arkhurst, Director-Treasury and Debt Management Division, Ministry of Finance, speaking during a media engagement at the IMF/World Bank meetings in October 2024 emphasised that the timing aligns with Ghana’s fiscal strategy.

“The last time we issued a bond was in September 2022, well before launching the DDEP in January 2023. We completed the entire process by September 2023,” he noted.

According to him, the near-two-year window from the bond issuance pause to the expected reopening aligns …