Tag: Pensioner Bondholders Forum
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Pay us by borrowing from treasury bill market- Pensioner bondholders reiterate calls to govt
As the pensioner bondholders continue picketing at the Finance Ministry today over unpaid coupons, the group has renewed calls for government to borrow from the treasury bills market to pay them. According to the pensioners, the difficulties caused by the prolonged non-payment of their coupons and principals continues to bring untold hardship on them. Convenor…
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Pensioner Bondholders Forum disappointed over govt’s unresponsivenes
The Pensioner Bondholders Forum has expressed disappointment at the government’s continuous failure to pay all outstanding coupons and principals owed its members as promised. The Forum laments that government is in arrears of four coupons and four principals. It explains that the first coupon has been in arrears for 98 days, the second for 85…