Audio By Carbonatix
The Government of Ghana has through the Ministry of Finance started processes to settle payments on outstanding bonds.
A statement issued by the Ministry Tuesday afternoon said the processes commenced on Monday, March 13, 2023 and that the initial instruction covers coupon and principal payments on bonds that matured on 6th February, 2023, and 13th February, 2023.
“Holders of the afore-listed bonds should therefore expect to receive their payments within the next 48 hours,” it said, and explained that payment dates for subsequent maturities will be communicated in due course.
“The Ministry of Finance takes this opportunity to thank all stakeholders for their forbearance during the Domestic Debt Exchange Programme (DDEP) and subsequent administrative processes.”
The Coalition of Individual Bondholders on Tuesday issued a 48-hour ultimatum for the government to honour the bonds, just as the Pensioner bondholders also said they were worried over government’s silence in spite of the various promises to honour the payments. They were considering revisiting their picketing to press home their demands.
Latest Stories
-
Share of microfinance sector to overall banking sector declined to 8.0% – BoG
39 seconds -
UniMAC mourns with family as the late Nelson Blay Narkotey is laid to rest
11 minutes -
Ukraine, global conflict, and emerging security uuestions in the Sahel
41 minutes -
Either defer new royalty regime or abolish Growth and Sustainability Levy – Chamber of Mines to government
1 hour -
The Suit is a shroud ; the fugu is our resurrection
1 hour -
NDC appoints Inusah Fuseini as Ayariga steps down from Ayawaso East primary probe committee
2 hours -
T-bills auction: Government exceeds target by 246%; interest rates fall sharply to 9.9%
2 hours -
Lands Minister arrives in South Africa for annual African mining investment conference
2 hours -
Frank Quaye Writes: Nullify Ayawaso East primary to protect NDC’s integrity and goodwill
2 hours -
Medeama survive Samartex test to reach FA Cup last eight
2 hours -
Vote- buying, party reform, and the unfinished business of internal democracy in the NDC
2 hours -
Mahama Ayariga withdraws from NDC Ayawaso East probe as Majority Caucus demands cancellation of primary
3 hours -
Majority caucus calls for cancellation of Ayawaso East primary over vote-buying allegations
3 hours -
Jachie-Pramso SHS appeals for support as headmaster hails discipline
3 hours -
NDC committee given February 10 deadline to submit Ayawaso East vote-buying report
5 hours