Ghana Finance Minister on Bond Sale, 100-Year-Bond, Cedi

The transcript discusses Ghana's recent Eurobond sale, which was significantly oversubscribed, indicating strong market confidence. The conversation explores future market plans, including the possibility of issuing longer-term bonds. It also addresses currency stability, the impact of Ghana's exit from the IMF program, and the country's economic independence. The relationship with the IMF remains strong, with ongoing reviews and advisory roles, supporting Ghana's vision of economic sovereignty.

What was the market's reaction to Ghana's Eurobond sale?

• It met the expected subscription level.

• It was undersubscribed.

• It was canceled due to lack of interest.

• It was oversubscribed by more than six times.

What are the potential future plans for Ghana's bond sales?

• Issuing a 20-year bond.

• Issuing a 5-year bond.

• Issuing a 100-year bond.

• Issuing a 10-year bond.

What financial restructuring is Ghana considering?

• Restructuring of large banks.

• Restructuring of private equity funds.

• Restructuring of microfinance institutions.

• Restructuring of international loans.

How did the central bank respond to the currency situation?

• By maintaining the inflation target.

• By increasing interest rates.

• By devaluing the currency.

• By cutting interest rates.

What was one of the reasons for the currency's speculative bubble?

• Ghana's exit from the IMF program.

• Ghana's entry into the IMF program.

• An increase in domestic spending.

• A decrease in foreign investments.

What is Ghana's vision regarding its economic future?

• To increase dependency on the IMF.

• To focus solely on domestic markets.

• To achieve a Ghana beyond aid.

• To rely heavily on foreign aid.

How does Ghana plan to maintain its relationship with the IMF?

• By ending all collaborations.

• By reducing all interactions.

• By seeking more financial aid.

• By continuing as a trusted advisor.