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Funding issuanceGhanaDeveloping story

Ghana announces new 7-year GHS treasury bond issuance

On 5 November 2026 the Bank of Ghana published a formal issuance announcement for a new 7-year Government of Ghana treasury bond denominated in Ghana cedi, adding short-to-medium-term supply to the domestic GHS market and signalling an upcoming auction of 7-year paper.

On 5 November 2026 the Bank of Ghana published a formal issuance announcement for a new 7-year Government of Ghana treasury bond denominated in Ghana cedi, adding short-to-medium-term supply to the domestic GHS market and signalling an upcoming auction of 7-year paper.

A new 7-year GHS bond increases supply in the 3–7 year segment of Ghana's local-currency curve, which can pressure yields in the belly of the cedi curve if banks and pension funds reallocate from short-term bills. Increased local funding demand ahead of external repayments could also tighten near-term liquidity and create conditional FX pressure if it crowds out shorter-duration financing.

Ministry of Finance to publish issuance size, auction date and coupon/stop-out at the offer.

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Developing story

Further independent confirmation is required.

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Price Discovery

Ghana sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

4 priced bonds
8.19%7.67%7.14%6.62%6.09%20292031203320352037Ghana 29 · Jul 2029 · 6.909%Ghana 30 · Jan 2030 · 6.369%Ghana 35 · Jul 2035 · 7.671%Ghana 37 · Jan 2037 · 7.913%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Ghana 29Jul 202997.7506.909%
  • Ghana 30Jan 203090.3756.369%
  • Ghana 35Jul 203590.6257.671%
  • Ghana 37Jan 203757.3137.913%

Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.

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