Fixed Income Investing in Ghana is meant to be a primer for those new to fixed income investing
and for those looking to understand the fixed income market in Ghana.Its not meant to replace a professional investment
advisor or officer.
Author(s): Samuel Amankwah
Edition: 1
Publisher: Samuel Amankwah
Year: 2020
Language: English
Pages: 25
City: Accra
Tags: finance,investing,Ghana
Table of Contents
CHAPTER 1-INTRODUCTION TO FIXED INCOME SECURITIES 3
Don’t get fixated on the vocabulary 4
CHAPTER 2 THE GHANA FIXED INCOME MARKET -AN INTRODUCTORY OVERVIEW 6
What Securities are traded on the Ghana Fixed Income Market? 6
Market Infrastructure 6
The Players 7
Membership Rules 7
CHAPTER 3: DISTILLING THE RULES AND REGULATIONS 9
CHAPTER 4-TRADING, TRANSACTIONS AND SETTLEMENTS 11
Trading hours 11
Trading Methodology 11
Halts and suspensions in trading 11
Quotes 12
Settlement Cycles 12
Dispute settlement, penalties and sanctions 12
CHAPTER 5-LISTING OF FIXED INCOME SECURITIES 13
Sponsors of An Admitted Security 13
Fees, taxes and commissions 13
Listing fees 13
Trading Commissions 14
CHAPTER 6- FIXED INCOME FUND PICKING : A PRACTICAL GUIDE 16
The Ecobank Ghana Fixed Income Unit Trust 17
STANLIB Income Fund Trust 19
CHAPTER 7-PUTTING IT ALL TOGETHER-The Ecobank Fixed Income Fund v StanLib Fixed Income Fund 21
Fees 21
Holdings: 21
Risks 21
Minimum Investments 21
Performance Evaluation 21
CHAPTER 8-APPENDIX 24
