Following the successful settlement and conclusion of Ghana’s Domestic Debt Exchange Programme (DDEP) the Government announces the following developments:
The Government Announces the Settlement of its Domestic Debt Exchange Programme
The Government of Ghana announced the successful settlement and conclusion on Tuesday, 21st February 2023 (the “Settlement Date”) of its Domestic Debt Exchange Programme (DDEP) in respect of the GHS-denominated notes and bonds issued by the Government, E.S.L.A. Plc or Daakye Trust Plc.
The Government Announces the Final Principal Amounts of New Bonds
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 ...
The Government Announces Successful Results of its Domestic Debt Exchange with Approximately 85% Participation Rate and A New Settlement Date
The Government announces today the results of our Domestic Debt Exchange Programme (DDEP) which closed at 4:00 p.m. on 10th February 2023. Approximately 85% of holders eligible to participate in the Invitation to Exchange (as determined by the Central Securities Depository) tendered in the Exchange.
Participation in the Domestic Debt Exchange Programme
The Government’s Domestic Debt Exchange Program (DDEP) closed on Friday 10th February 2023 with over 80% participation of eligible bonds. The Government wants to thank the people of Ghana for their forbearance and support throughout these very difficult times.
The Government of Ghana Provides an Administrative Window Until 10th February 2023 for Bondholders to Complete Tender Process Following Technical Glitches
In connection with the ongoing Domestic Debt Exchange Programme (DDEP), the Government of Ghana thanks all bondholders who have so far tendered their bonds.
Update on Ghana’s Domestic Debt Exchange Programme
The Government of Ghana has made significant progress with all stakeholders, including financial sector industry associations and representative groups of individual bondholders, with respect to their participation in the Domestic Debt Exchange Programme (DDEP). The Government hereby announces the following updates
Government Reaches Agreement with the Ghana Insurers Association on the Domestic Debt Exchange Programme
The Government of Ghana and the Ghana Insurers Association (GIA) have reached an agreement on the participation of insurance companies in the Domestic Debt Exchange Programme (DDEP).
Audit of the Government Of Ghana Covid-19 Expenditure for the Period March 2020 to June 2022.
The Ministry of Finance takes note of the Auditor General’s report on the government of Ghana Covid-19 expenditure for the period March 2020 to June 2022, issued on 30th December 2022.
Commencement of Domestic Debt Exchange
The Government of Ghana and the Ghana Association of Banks (GAB) have made significant progress on the terms for the participation of Banks in the Domestic Debt Exchange Programme (DDEP).