The Bank of Ghana, in collaboration with the Ministry of Finance, has released a revised list of authorised Primary Dealers (PDs) and Bond Market Specialists (BMSs) following a comprehensive review of the Primary Dealer system.

According to an official notice, the updated list forms part of efforts to strengthen Ghana’s domestic bond market and enhance efficiency in government securities trading.

The approved Primary Dealers include: ABSA Ghana Limited, ADB PLC, ARB Apex Bank, Black Star Brokerage Limited, CalBank PLC, Consolidated Bank Ghana Limited, Databank Brokerage Limited, Ecobank Ghana PLC, Fidelity Bank Ghana, GCB Bank, Obsidian Achernar Limited, and Stanbic Bank Ghana.

Out of these, eight institutions have been selected as Bond Market Specialists to support the issuance of government bonds through the book-building process.

They are ABSA Ghana Limited, Black Star Brokerage Limited, CalBank PLC, Databank Brokerage Limited, Ecobank Ghana PLC, Fidelity Bank Ghana, GCB Bank, and Stanbic Bank Ghana.

The Bank of Ghana has advised the general public and market participants to take note of the new arrangement and be guided accordingly.

The revised framework is expected to improve liquidity, transparency, and participation in Ghana’s bond market.