Government has made payments to bondholders who chose not to exchange their old bonds for new ones under the domestic debt exchange programme.
This is the second tranche paid to bondholders after the government announced a payment plan and date to honour the coupons on matured bonds.
After much agitation from the Coalition of Individual Bondholders, the government on March 15 began paying outstanding coupons to bondholders who failed to participate in the Domestic Debt Exchange programme.
The Ministry of Finance in a statement dated March 24 announced that “additional coupon payments have been made on Thursday 23rd March 2023.”
“The payments cover coupons on both the 2-year note that matured on 20th February. 2023, and the 20-year note due on 20 February 2023. Payments on the principal of the 2-year note maturing on 20th February 2023; as well as payments on subsequent maturities, will be communicated in due course.”
“The Ministry of Finance once again takes this opportunity to thank all stakeholders for their patience and co-operation, as government continues to work towards the restoration of macro-economic stability.”
NAIMOS has intensified its fight against illegal mining at some parts of the Ahafo Region,… Read More
Former Finance Minister Ken Ofori-Atta is scheduled to appear before a court in the United… Read More
The Deputy Chief Executive Officer of the Gaming Commission of Ghana, Lamtiig Apanga, has advised… Read More
Renowned Ghanaian gospel music pioneer and founder of the Asomafo gospel ensemble, Yaw Sarpong, has… Read More
Former Forestry Commission official Charles Owusu has lauded former President John Mahama for demonstrating humility… Read More
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has attributed the recent decline in… Read More