Bayport Savings and Loans Lists GHS 50m Fixed-Rate Notes on Fixed Income Market
Bayport Savings and Loans PLC has admitted its latest debt issuance — the Series 008 (Tranche 01) 5-year senior unsecured fixed-rate note — to trading on the Ghana Fixed Income Market (GFIM).
The GHS 50 million issuance, carrying an annual coupon of 19 per cent, was issued on 11 August 2025 and is set to mature on 5 August 2030.
Coupon payments will be made on a bi-annual basis, with the first scheduled for 9 February 2026, and subsequent payments every 182 days thereafter until maturity.
The notes, which trade under the ticker BFSS8T1 and ISIN code GHGBFSI00012, form part of Bayport’s ongoing strategy to diversify its funding base while offering investors higher-yield fixed-income options in a market where double-digit interest rates remain the norm.
The admission marks another significant debt capital market transaction in Ghana’s financial services sector, reflecting sustained investor appetite for high-yield corporate paper despite macroeconomic headwinds.
