Tag: Haircut

External Debt Restructuring: Eurobond Holders To Face Nominal ‘Haircut’ Of Between 30-40%

Posted on October 17, 2023 by Cassandra

Finance Minister, Ken Ofori-Atta, has stated that Eurobond holders may face a nominal haircut of between 30% and 40% as part of the restructuring of the external debt. According to….

Business

Ghana’s Debt-To-GDP To Decline To About 58% By 2026 Based On 30% Haircut On External Debt – S&P

Posted on February 27, 2023 by Cassandra

Ghana’s debt to Gross Domestic Product (GDP) ratio (excluding guaranteed debt) would decline to about 58% of GDP by 2026, rating agency, S&P Global has predicted. This is from about….