Tag: New DDEP
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Pensioner bondholders reject new DDEP; petition Finance Ministry
The Pensioner Bond Holders Forum is resisting attempts by the government, to include them in the next round of the Domestic Debt Exchange Programme (DDEP). The group which was initially excluded from the debt restructuring earlier this year is demanding their removal from the government’s reopened DDEP. Addressing journalists in Accra on Monday, September 18,…
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SSNIT readies for new DDEP; says terms are favourable
The Social Security and National Insurance Trust (SSNIT) says it will fully participate in government’s alternative Domestic Debt Exchange Programme (DDEP) including pension funds. The government intends to restructure ¢31 billion pension funds in the second phase of its Domestic Debt Exchange Programme which will affect E.S.L.A. Plc and Daakye Trust Plc. SSNIT says it…