Finance Minister Dr. Ato Forson plans to reopen the domestic bond market to finance the budget deficit and create a more competitive primary market.
According to him, the government will reopen the domestic bond market to finance its budget deficit, with the goal of lowering borrowing costs.
Beginning August 2025, the government will select new book runners to assist in the reopening of the domestic bond market.
He stated that the selection will focus on banks and investment dealers with the ability to achieve wider market distribution and provide advice on pricing and structure.
He said the President and his administration remain committed to reducing borrowing costs through a more competitive primary market.
“Our debt management strategy is to use treasury bills for cash management only and reopen the domestic bond market to finance the budget deficit,” he told the House.
“The focus will be on banks and investment dealers with the capacity to ensure wider market distribution and offer advisory services on pricing and structuring,” he added.
By: Rainbowradioonline.com/Ghana
