Tag: Coupon payment
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Govt settles first coupon for bonds affected by DDEP
The government of Ghana, through the Ministry of Finance, has begun the process of settling the first coupon payment of bonds affected by the domestic debt exchange program (DDEP). According to the Ministry, the matured coupons amount to GHC 2.4 billion, and instructions have already been sent for settlement. The DDEP was launched in 2022…
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Pensioner Bondholders Forum yet to receive payment of matured coupons
Despite reaching an agreement with the government, members of the Pensioner Bondholders Forum are yet to receive payment for their matured coupons. The bondholders were looking forward to their funds on Monday, May 15, following the suspension of their picketing at the Ministry of Finance after five days. However, checks with the group suggest that…