Ghana faces rising debt costs on return to bond market

Ghana faces rising debt costs on return to bond market

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After canceling four bond sales since April, Ghana risks paying higher borrowing costs when it returns to the market on Thursday with its largest ever issuance of cedi-denominated debt. Yields on Ghana’s 1.5 billion cedis ($395 million) of three-year notes on sale may rise to more than 24 percent, the highest since a July 2014

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