Bloomberg and the Ghana Fixed Income Market (GFIM) recently launched the Bloomberg E-Bond Trading and Market surveillance system, a new electronic trading system for Ghanaian government bonds, which Bloomberg began operating in August.
“The GIFM was founded by a consortium of financial institutions with a shared vision of a fairer, more transparent and more efficient market for all Ghanaian fixed income securities,” Central Bank Deputy Governor and GFIM Governing Committee Chairman Millison Narh told West Africa News.
For participants in Ghana’s USD 7.7 billion (GHS 28.9 billion) fixed income market, the Bloomberg E-Bond system provides electronic trading and market surveillance tools. In addition, all of Ghana's fixed income trading will take place in the new system.
Ghana is the second African country to use the Bloomberg system, following fellow West African nation Nigeria.
More Stories
- First National Economic Council Meeting held on March 13 in Gambia
- Nigeria President approves regional care center with CDC
- The Gambia President Barrow commissions new solar plant
- Sierra Leone President opens canning factory in Freetown
- Nigeria opens borders with Republic of Niger
- First-ever Africa Trade Week underway this week in Ethiopia
- Nigerian named new registrar of U.N. criminal tribunals agency
- Stakeholders at PIDA conference call for more youth job creation
- ENGIE, Orange expand effort to spread electricity in rural sub-Saharan areas
- South Korea to help Sierra Leone manage its fish stocks amid overfishing concerns