Bank of Ghana Announces New Primary Dealers and Bond Market Specialists

Bank of Ghana Announces New Primary Dealers and Bond Market Specialists

April 9,2026

The Bank of Ghana, in collaboration with the Ministry of Finance Ghana, 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 Notice No. BOG/FMD/2026/08, the updated list includes 15 institutions selected as Primary Dealers. These include major banks such as ABSA Ghana Limited, CalBank PLC, Ecobank Ghana, GCB Bank, Fidelity Bank Ghana, Stanbic Bank, CBG Bank, ARB-Apex Bank, Standard Chartered Bank, and Societe Generale, alongside financial institutions like One Africa Securities Ltd, Fincap Securities, Laurus Africa, Strategic African Securities, and Constant Capital Ltd.

From this group, six institutions have been designated as Bond Market Specialists. These are ABSA Ghana Limited, Stanbic Bank, CalBank PLC, GCB Bank, One Africa Securities Ltd, and Fincap Securities.

The central bank stated that the selected Bond Market Specialists will play a key role in the issuance of government bonds through the book-building process, a move aimed at improving efficiency and deepening Ghana’s domestic bond market.

The Bank of Ghana further advised the general public and financial institutions to take note of the new designations and be guided accordingly.

The update is expected to strengthen market operations, enhance liquidity, and support government financing activities within Ghana’s financial sector.