Tag: haircut
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Insurance companies want exemption from debt exchange programme
The Ghana Insurers Association has called for the exemption of insurance companies from the domestic debt exchange program. According to the association, 40 percent of its total assets for the third quarter of this year were invested in Government of Ghana Securities. The association therefore warned that should government go ahead and include insurance companies…
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Domestic debt exchange: No haircut on treasury bills, principal bonds – Gov’t
Government has announced that there will be no “haircut” on the principal of bonds and that individuals with government bonds will have their full investments on maturity. In a public address on the recent debate about possible haircuts on all bonds and treasury bills following government’s debt restructuring deal with the International Monetary Fund (IMF),…
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There won’t be ‘haircuts’ on your investments – Akufo-Addo assures
The President, Nana Addo Dankwa Akufo-Addo has assured that government does not intend to slash the returns made on investments as speculated. President Akufo-Addo gave the assurance when he addressed the nation on Sunday following economic challenges currently confronting the country. “I also want to assure all Ghanaians that no individual or institutional investor, including…