The government has announced the final principal amounts of new bonds issued in the domestic debt exchange programme's (DDEP) settlement.
According to the Finance Ministry, “new bonds will be credited to the holder’s securities account at the Central Securities Depository (CSD) from which their eligible bonds were tendered.”
This announcement was contained in a release issued from the Finance Ministry on Monday, 20th February, 2023.
“In anticipation of the settlement of the Domestic Debt Exchange Programme (DDEP) on 21st February 2023, the Government announces the aggregate principal amount of each series of New Bonds, which amounts, together with the corresponding ISINs, are set forth in Appendix A attached hereto and organised by the category of holders set forth in the Amended and Restated Exchange Memorandum dated as of 3rd February 2023 (the “Exchange Memorandum”),”’ portions of the release pointed out.
“Capitalised terms used but not defined herein shall have the meanings ascribed thereto in the Exchange Memrandum,” it added.
According to the statement, appendix B has been attached to assist eligible holders to calculate the allocation of new bonds they will receive.
Latest Stories
-
Unconventional Trump brings openings and perils for Africa
4 mins -
Iseguri Initiative fights teenage pregnancy and early child marriage
20 mins -
‘Dreams quashed’: Foreign students and universities fear Australia’s visa cap
1 hour -
G20 talks in Rio reach breakthrough on climate finance, sources say
1 hour -
2024/25 Ghana League: Bechem United shock Chelsea in Berekum
3 hours -
GPL 2024/25: Nations FC beat Asante Kotoko to go top
3 hours -
GPL 2024/2025: Gold Stars drop to 2nd after 2-0 defeat to Medeama
3 hours -
#GPL 2024/25: Hearts pip Karela in Tamale to move into top 4
3 hours -
Feedback from Klopp, others more valuable than just anybody – Otto Addo to critics
3 hours -
Support us if you want to qualify for the World Cup – Otto Addo to Ghanaians
4 hours -
Defective ballot papers for Ahafo and Volta Regions destroyed by EC
4 hours -
Election 2024: Be fair and transparent – Togbe Afede to EC
4 hours -
AFCON 2025Q: Poor home form cost us – Otto Addo
4 hours -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
4 hours -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
4 hours