The leading West African commodities exporter is under a three-year aid programme with the International
Monetary Fund to fix its economy, dogged by budget deficits, inflation and a widening public debt.
Proceeds from the bond, which is open to offshore investors, will be used to settle maturing papers, the bank said in a statement.
A 3-year paper issued in October had a 24.5 percent yield, up from 23.47 percent paid on a similar paper previously.
Interest rates in Ghana are among the highest in the region, reflecting the fiscal challenges facing the economy.
Its total public debt is around 70 percent of GDP, while consumer inflation stood at 17.6 percent in November, up from 17.4 percent the month before.
The yield on Ghana's weekly benchmark 91-day treasury bill stood at 22.7939 percent last Thursday.
By: Reuters.
Review: Emerging Market Formulations & Research Unit, Flagship Records.
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