ACCRA, Oct 18 (Reuters) - Ghana accepted all 988.7 million cedis ($203.6 mln) worth of bids tendered for a three-year domestic bond issued on Thursday and will pay a slightly higher yield of 19.5 percent compared to the last sale, joint transaction leads said.
An initial guide price for the 2021 paper, which was open to non-resident investors, was set at between 18.75 percent and 19.5 percent. Settlement is due on Oct. 22, co-arranger Barclays said.
The West African major commodity exporter is seeking funds to finance its 2018 budget and restructure debt.
$1 = 4.855 Ghanaian cedis Reporting By Kwasi Kpodo; editing by John Stonestreet