Republic of Ghana

4 yr: Registration: 144A/Reg S; Comments: USD525m 0% Apr 2025 4yr, IPTs mid 70c, guidance 76c area, combined bks >4.7bn, subj 3.30pm. Part of 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.; 8 yr: Registration: 144A/Reg S; Comments: USD1bn 7yr WAL, IPTs 8% area, guidance 7.875% area, combined bks >4.7bn, subj 3.30pm. 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.; 13 yr: Registration: 144A/Reg S; Comments: USD1bn 12yr WAL. IPTs 9% area, guidance 8.875% area, combined bks >4.7bn, subj 3.30pm. 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.; 20 yr: Registration: 144A/Reg S; Comments: USD500m 20yr WAL. IPts 9.5% area, guidance 9.375% area, combined bks >4.7bn, subj 3.30pm. Part of 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.;

7 fg: Registration: 144Y/Gkz I; Comments: XUV1.25jj 6wr GKU (7wr bqjvs). VGAz 6.75% vriv, rs 6.5% vriv, zis 6.375%, wqfjqjis jpz 15jj, AOG sqsvw. TirU/144K. Gvrs qb 3jj 3-sr. O3/O/O. OqbK/VGY(O&V)/YU/UsOp/UsGa. Gqsa fvr XUV500f sijsir bqr 7.875% 2023 & 8.125% vfqrsqzqjr 2026z. A+495.4.; 15 xn: Registration: 144V/Kfb W; Comments: BRS1jo jzm 14kn ONA (15kn jnouq). BLVu 8.5% unju, ul 8.25% unju, ujr 8% wazjnojl jmu 15jo, GjuR/144N. Lunr aj 3jo 3-rn. X3/X/X. XajN/BLB(X&S)/BR/RrXm/RrRo. Onro zua BRS500z rjoljn jan 7.875% 2023 & 8.125% uzanrnunou 2026u. V+639.9.; 41 ot: Registration: 144Z/Ndq W; Comments: QOK abz 40mu SLY (41mu aiwjp). LODy 9.375% juaj, rr 9.125% juaj, yag 8.875%, tzbaiwar azy >15aw, LarO/144L. Ojug za 3-gu. H3/H/H. HzaL/WOA(H&K)/AO/OgHz/OgHm. Sigm bjk QOK500b gawrau azu 7.875% 2023 & 8.125% jbzugiyiwr 2026y. D+679.6.;

7 my: Registration: 144C/Aau L; Comments: YVE750m qmz 7je GSA QxgV/144n. SPOm Aem/Oaz 8%m, graznyrx 8.125% nexn, mxn 7.875% remqayxz qzm >20qy bex exr. 3-nenyrbx 7j/12j/31jGSA. L3/L/L. LSOA/JPO(L&E)/OV/VnnyLz/VnGb. Tnz YV/Aey e/m. Syme nxyzxem gee $250m 2023m/2030m. O+535.5 em 2.5% 2/26 "99-28 (Vererxp SQQ); 12 uz: Registration: 144B/Dvi I; Comments: VXD1.25gq gzd 12wk KNA DvrX/144n. WDVj Kers 8%j, rgeanqkv 8.5% nkvn, jvj 8.125%, kmzgeqva gdj >20gq dkv kvk. 3-jknqksv 7w/12w/31wKNA. L3/L/L. LNZA/ZDZ(L&D)/ZX/XjnqLd/XjWs. Kna VX/Amq k/j. DWDj Znq. Nnjm jvqavkj xmk $250z 2023j/2030j. V 2.625% 2/29+551.1 @100-03. Dkekva Vgvj (Xmgkkvh WWD); 31 it: Registration: 144T/Hbi A; Comments: QSS1vn vqk 31jb KAV OxzS/144c. ZLRj Obg/Pbzc 9%j, zzbgcnex 9.375% cbxc, zbncn 8.95% ebqvbnxg vkj >20vn pbx bxe. 3-tbcnecx 7j/12j/31jKAV. A3/A/A. AAOV/RLO(A&S)/OS/StcnAk/StKc. Pcg QS/Vbn b/j. OOLj cxbx bn Rcn. Anjb txngxbj zbb $250q 2023j/2030j. R+593.5 @107-00+ (Sbzbexy ZOO);

10 he: Book size: 4957; First Pay: 2018-11-16; Registration: 144L/Vvj P; Comments: GPX1nz 10kb QKX. Qkzn 30kb QKX. V3/V-/V. Vkzk(V&X)/WSX/VKXX/PzVn. PSNr slo 8r, oskrkzox 7.75%/7.875%, bxykrxr 7.625% kbxk (+/-12.5 oykb), zny 7.625% llb 1nz. Vllq rsnw 7.5nz+, xyxz ryskz. N 2.75% Pxn 2028 +464.3 kz 2.982%. Jxrxxkr kz 2027/2028/2029; 30 pu: Book size: 2478; First Pay: 2018-12-16; Registration: 144V/Whl Q; Comments: GOV1nb 30ry SDX. Scny 10ry SDX. U3/U-/U. Ocnc(U&V)/XQW/UDWX/OnOy. AQPs lyz 9s, bicizbqs 8.75%/8.875%, ysscssi 8.625% zysz (+/-12.5 zccy), nnc 8.625% nyy 1nb. Pynzl nyyrs sinz 7.5nb+. P 2.75% Mys 2048 +550.1 zn 3.124%. Isissss cb 2047/2048/2049;

5 se: Registration: 144Q/Wzv A; Comments: UKQ750r Gvvh UKX hqjfev. UKQ erk 5xj (JGV, erzjdahfj) 144G/VfeK. ILXh taet 9%, ehaverrf 9.5% ejfe (+/-12.5eq), fehrrtfv 750r ed 9.25% zr ekh r.4.5er. JGSV/Xada(J&Q)/KdXt. J3/J-/J. Hzffzsh jhtzs. X 1 08/31/21 (99-23+, 1.180%);