Luxembourg, 22/10/2007 (Agence Europe) - Last week the European Investment Bank (EIB) launched its first international bond issue denominated in GHS (Ghanaian Cedi).
The issue is for an amount of GHS 20,000,000 (€15m approximately) and carries an annual coupon of 10.75%. The bond is synthetic, with settlements and payments in euros, as determined by the Calculation Agent based on the EUR/GHS exchange rate. The bond has an issue price of 100% and matures on 26 October 2009. The transaction...