Debt Exchange: Over GH¢31bn Of Bonds To Be Restructured Will Mature This Year
GH¢31.31 billion; that’s the total value of Government of Ghana (GoG) Bonds that will mature in 2023, but all of which the government is hoping to enrol on the Domestic….
Tag: Debt exchange
Debt Exchange: Don’t Argue With Emotions – John Kumah To Bondholders
The Deputy Finance Minister, John Kumah, has urged bondholders to desist from emotional arguments as government undertakes the Domestic Debt Exchange Programme (DDEP). According to him, the programme is a….
Debt Exchange: NIC To Suspend Minimum Capital Requirements, CAR Of Insurance Firms For 2 Years
As part of measures to mitigate the impact of the Domestic Debt Exchange Programme on insurance companies, the National Insurance Commission will place a moratorium on the Minimum Capital Requirements….
Debt Exchange: Bright Simons Describes Agreement With Insurers As Landmark
A Vice President of Imani Africa Bright Simons has described the agreement between the government of Ghana and the Ghana Insurers Association regarding the dept exchange participation as landmark. In….
Debt Exchange: Upper Middle Class Will Look For Investment Options Abroad, Causing More Problems For Ghana – Bright Simons
A Vice President of Imani Africa Bright Simons has said that the upper middle class in Ghana will now opt for more investment opportunities abroad due to the domestic debt….
Debt Exchange: There Will Be Losses And Should Be Accounted For – ICAG
Government has been charged to ensure that the International Financial Reporting Standards (IFRS) is complied with if it goes ahead to implement the Domestic Debt Exchange Programme. According to the….
Kpebu, Simons Take Government On Over Debt Exchange
Private Legal Practitioner, Martin Kpebu is leading about 200 individual investors to engage the government over the inclusion of individual bondholders in the debt exchange programme. Mr. Kpebu noted that….
Debt Exchange: 3 Groups Representing Individual Bondholders To File Legal Suits Against Government – Bright Simons
Vice President of IMANI Ghana, Bright Simons, has revealed that three groups representing individual bondholders have commenced mobilisation to file legal suits against the government for including individual bondholders in….
Government Pays 18.5% Interest On 2-year Note Despite Debt Exchange Programme
Despite announcing a debt restructuring programme which will affect interest payments in 2023, government has made a coupon payment on a treasury note that matured on Tuesday, January 3rd, 2023…..
Debt Exchange: Financial Sector Will Collapse If Government Adds T-bills – Economist
Economist and Professor of Finance at the University of Ghana Business School, Professor Godfred Bokpin is warning of the collapse of the financial sector if government includes Treasury bills in….