Audio By Carbonatix
The government has announced the final principal amounts of new bonds issued in the domestic debt exchange programme's (DDEP) settlement.
According to the Finance Ministry, “new bonds will be credited to the holder’s securities account at the Central Securities Depository (CSD) from which their eligible bonds were tendered.”
This announcement was contained in a release issued from the Finance Ministry on Monday, 20th February, 2023.


“In anticipation of the settlement of the Domestic Debt Exchange Programme (DDEP) on 21st February 2023, the Government announces the aggregate principal amount of each series of New Bonds, which amounts, together with the corresponding ISINs, are set forth in Appendix A attached hereto and organised by the category of holders set forth in the Amended and Restated Exchange Memorandum dated as of 3rd February 2023 (the “Exchange Memorandum”),”’ portions of the release pointed out.
“Capitalised terms used but not defined herein shall have the meanings ascribed thereto in the Exchange Memrandum,” it added.

According to the statement, appendix B has been attached to assist eligible holders to calculate the allocation of new bonds they will receive.
Latest Stories
-
Trump officials threaten Kennedy Center demolition if court blocks renovations
28 minutes -
Two German airport workers die of malaria after ‘mosquito arrives on plane’
38 minutes -
We should look at the balance – Small-scale miners defend local gold refining
46 minutes -
Meta’s $18bn settlement may hasten reckoning for social media on child safety
1 hour -
Xbox boss ‘thinking about affordability’ of next-gen console
1 hour -
How Dolly Parton’s business savvy helped her succeed far beyond the charts
1 hour -
Unexpected chat between OpenAI agents led to Hugging Face hack
2 hours -
Nvidia revenue doubles on continued AI demand
2 hours -
US drug agency approves breakthrough treatment for pancreatic cancer
2 hours -
Williams sisters given US Open doubles wildcard
4 hours -
Gold Refining Costs: Small-Scale miners say Ghana must prioritise jobs and value addition
4 hours -
Look beyond the losses – Small-scale miners say gold refinery could cut youth unemployment
4 hours -
GoldBod must bear the cost – Small-scale miners back higher operational costs to protect jobs
4 hours -
Liverpool to face Tottenham in EFL Cup third round
5 hours -
‘0% chance’ – Atletico hit back at Barca over Alvarez transfer row
5 hours