March 23, 2018 / 2:13 PM / 4 months ago

Ghana parliament approves plan to issue $1 bln Eurobond

ACCRA, March 23 (Reuters) - Ghana’s parliament on Friday approved plans by the government to issue a Eurobond of $1 billion by the end of April to finance the 2018 budget, a Reuters witness said.

The 275-member house also okayed plans to issue additional sovereign debts of up to $1.5 billion for refinancing and 500 million cedis worth of global depositary notes to repay domestic bonds. (Reporting by Kwasi Kpodo Editing by Tim Cocks)

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