Ghana pays a premium as it sells $750m 10-year Eurobond

JOHANNESBURG/ACCRA – Ghana sold a $750m 10-year Eurobond on Thursday in its second foray into international bond markets, but paid a premium to investors wary of its fiscal and current account deficits. The West African producer of cocoa, gold and oil issued the bond at a yield of 8 per cent. The order book was $2.2b, around three times the issue size, finance minister Seth Terkper told Reuters.