ACCRA – Ghana will start receiving bids on Tuesday for domestic bonds worth 6 billion cedis (1.36 billion) to settle energy-sector debts that accumulated over the last decade, lead arrangers said on Monday.
The 7-year and 10-year bonds to be priced on Thursday form part of government’s plans to raise a total of 10 billion cedis to settle debts owed by power utilities to banks and bulk oil distributors.(Reuters)