Not exact matches
Mario Draghi aims to reduce the ECB's asset purchases from EUR60 billion to EUR40 billion, however he might soon come to the realisation that if the ECB
does not buy
eurobonds, then no one will.
That's why the previous npp government
did not tell investors that they were going to use the 2007
eurobond to pay party communicators and some journalists to say good things about their government and deceive Ghanaians into believing that they have
done the unthinkable for Ghana.
When the MPs resumed sitting on the matter on Wednesday, the approval was
done through a voice vote, giving Finance Minister Seth Terkper the green light to go back to the international market to issue another
Eurobond.
The dividend's due to be paid by Dec - 31st, and they've also said they intend to buy back
Eurobonds — one or both of these happen, that would hopefully boost sentiment & might also silence the doubters out there who appear to believe there's no substance to the company & its balance sheet (next they'll say the chicken farms don't exist!?!?).
In addition, a number of Nigerian financial institutions have refused to renew their
Eurobond issues as they
do not intend to expand their US Dollar loan assets.