Ghana opens bookbuild for new four-year cedi Treasury bond, pricing set for Sept. 7

The Ministry of Finance and Bank of Ghana opened a book-build for a new four-year cedi-denominated Treasury bond from 1–3 September 2026, with final pricing, allocation and settlement scheduled for Monday 7 September 2026. The issue will mature in 2030 and be marketed primarily to resident investors.

The book-build format will reveal investor demand for medium-tenor cedi paper and whether domestic institutions (banks, pension funds, insurers) will accept longer-dated sovereign supply. Strong participation or low clearing yields would make it easier for the Republic to extend maturities domestically; weak demand/high yield guidance would signal higher refinancing costs and pressure on short-term funding needs.

Final pricing, allocation and settlement on Monday 7 September 2026.