Issuance of US$400m guarantee for Eurobond – World Bank

    World Bank Group President Jim Yong Kim
    The World Bank has explained that it could not issue a full guarantee for the recent Eurobond because it is against the institution’s practice. The Bank earlier this year extended a 400 million dollar guarantee for Ghana’s fourth Eurobond. However despite this support, the country’s Eurobond was still classified as risky by various ratings agencies, […]