• Latest
  • Trending
  • All

Government includes individual bondholders in domestic debt exchange

December 26, 2022

Mahama could get 55% in 2024 election – TV3 Polls

December 8, 2023

There’s no lithium mining in Breman Essiam – Chief

December 8, 2023

Ghanaians must vote for Mahama because of his 24hr economy policy – Labour consultant 

December 7, 2023

CPP General Secretary resigns

December 7, 2023

MP urges government to resource Gomoa East police to fight crimes

December 7, 2023

Election 2024 will be peaceful and incident-free – IGP

December 7, 2023

Alan is the one who can make 24-hour economy policy feasible – Solomon Owusu

December 6, 2023

NDC’s Sam Atsu Forson to bury his parents on December 9

December 6, 2023

Sempe Akwashongtse Donates, provide Free Sewing To Mepe Flood Victims

December 5, 2023

Alan endorses Mahama’s 24-hour economy policy

December 4, 2023

No Special Prosecutor can work effectively under Akufo-Addo – TAN-NDC deputy coordinator

December 4, 2023
Gatsi and Bawumia

It takes vision to pronounce a 24hr economy – Gatsi schools Bawumia

December 4, 2023

Sammi Awuku endorsed as Akropong parliamentary candidate

December 4, 2023

Central region NDC celebrates farmers and fishermen

December 4, 2023
Mawuli Fugah

Just In: NDC’s Mawuli Fugah reportedly dead

December 4, 2023

Mahama will win 2024 elections – Elvis Ankrah

December 4, 2023
John Gatsi

24hr economy is simply doable, good news for Ghana – John Gatsi

November 30, 2023

Import restrictions will create an avenue for corruption in Ghana – Expert

November 30, 2023

Mahama is a visionary and inspiring nation-builder – Ablakwa

November 30, 2023

Alan is the only hope for Ghanaians apart from God – Spokesman

November 30, 2023

Teshie Mantse Sets the Records Straight Over NHC Ruling

November 29, 2023

Bawumia can’t be blamed for Ghana’s economic crisis – Sekondi MP

November 28, 2023

Ghana will continue to borrow until we prioritize agriculture – Prof Oquaye

November 28, 2023
Bawumia

Don’t campaign as if you’re contesting for SRC president – Former MP jabs Bawumia

November 28, 2023

Mahama’s 24-hour economy won’t allow men to have sex with their wives – Minister

November 27, 2023
  • All News
  • About Us
  • Advertise
  • AMN Research
  • My Story
  • Vovoli TV
Sunday, December 10, 2023
  • Login
Awake News
Advertisement
  • News
    • Crime
    • Peace & Security
    • Diaspora
    • Press Release
    • Photos
    • Videos
    • Religion
  • Business
    • Agriculture
    • Finance
    • Energy
    • Telecom
    • Economy
    • Travel
    • Mining
    • Oil & Gas
    • Tourism & Hospitality
    • Real Estate
    • Transport
  • Politics
    • Awake Election Watch
    • NDC News
    • NPP News
    • CPP News
    • Opinion Polls
    • Elections
    • Flagbearers
  • Education
  • Health
  • ShowBiz
    • Celebrities
    • Concert
    • Fashion
    • Music
    • Lifestyle
  • Sports
    • Football
    • African Football
    • European Football
    • Basketball
    • Athletics
    • Boxing
    • Disability Sports
    • Tennis
    • Other Sports
  • Features
    • Opinions
    • Speeches
    • Poem
    • Interviews
    • Inspirations
    • People
    • People & Culture
No Result
View All Result
  • News
    • Crime
    • Peace & Security
    • Diaspora
    • Press Release
    • Photos
    • Videos
    • Religion
  • Business
    • Agriculture
    • Finance
    • Energy
    • Telecom
    • Economy
    • Travel
    • Mining
    • Oil & Gas
    • Tourism & Hospitality
    • Real Estate
    • Transport
  • Politics
    • Awake Election Watch
    • NDC News
    • NPP News
    • CPP News
    • Opinion Polls
    • Elections
    • Flagbearers
  • Education
  • Health
  • ShowBiz
    • Celebrities
    • Concert
    • Fashion
    • Music
    • Lifestyle
  • Sports
    • Football
    • African Football
    • European Football
    • Basketball
    • Athletics
    • Boxing
    • Disability Sports
    • Tennis
    • Other Sports
  • Features
    • Opinions
    • Speeches
    • Poem
    • Interviews
    • Inspirations
    • People
    • People & Culture
No Result
View All Result
Awake News
No Result
View All Result
Home Business Finance

Government includes individual bondholders in domestic debt exchange

Awake News by Awake News
December 26, 2022
in Finance
A A
0
56
SHARES
622
VIEWS
ShareShareShareShareShare

RelatedNews & Articles

Republic Bank managing director pays courtesy call on Asantehene

Bank of Ghana’s historic losses

Quick loan apps in Ghana: Is Bank of Ghana able to regulate the sector?

Individual bondholders’ have now been included in the domestic debt exchange programme as the Government of Ghana has announced the further extension of the expiration date of its Domestic Debt Exchange to January 16, 2023.

Senco Homes Senco Homes Senco Homes
ADVERTISEMENT

The government also announced amendments to the terms of the domestic exchange programme.

Individual investors were initially not part of the domestic debt restructuring, but it appears the exemption of pension funds from the programme has triggered that.

A statement from the Finance Ministry indicated an expansion of investors in the debt exchange programme to now include individual investors.

“Expanding the type of investors that can participate in the Exchange to now include Individual Investors”, it pointed out.

“In addition to the foregoing extensions, the government announces the following modifications to the Invitation to Exchange, which are set forth in further detail on the Term Sheet attached as Annex A to this press release”.

Offering accrued and unpaid interest on Eligible Bonds, and a cash tender fee payment to holders of Eligible Bonds maturing in 2023;

Increasing the New Bonds offered by adding eight new instruments to the composition of the New Bonds, for a total of 12 New Bonds, one maturing each year starting January 2027 and ending January 2038;

Modifying the Exchange Consideration Ratios for each New Bond. The Exchange Consideration Ratio applicable to Eligible Bonds maturing in 2023 will be different than for other Eligible Bonds;

Setting a non-binding target minimum level of overall participation of 80% of aggregate principal amount outstanding of Eligible Bonds; and

Expanding the type of investors that can participate in the Exchange to now include Individual Investors.

“These modifications will be set forth fully in an Amended and Restated Exchange Memorandum which is expected to be published during the week of 26th December 2022. Conforming changes (including adding and modifying defined terms) in respect of the above amendments and modifications to cure ambiguity, omission, defect, error or inconsistency may be included in the Amended and Restated Exchange Memorandum”, the statement added.

Source: .myjoyonline.com

Tags: domestic debt exchange
Do you have any article or news or story leads? Let Awake News energize that story for you. Send them to editor@awakenewsroom.com or WhatsApp: +233249155003 ========================
Awake News

Awake News

Awake News, a comprehensive and objective media. We in the print media and online. With our principles: if it has not occurred, it must not be reported made our portal a preferred source for accurate information. Contact the Online Editor via awakenewsonline@gmail.com

Related Posts

No Content Available
  • Trending
  • Comments
  • Latest
Mawuli Fugah

Just In: NDC’s Mawuli Fugah reportedly dead

December 4, 2023

Mahama will win 2024 elections – Elvis Ankrah

December 4, 2023
Gatsi and Bawumia

It takes vision to pronounce a 24hr economy – Gatsi schools Bawumia

December 4, 2023

Mahama could get 55% in 2024 election – TV3 Polls

December 8, 2023

There’s no lithium mining in Breman Essiam – Chief

December 8, 2023

Ghanaians must vote for Mahama because of his 24hr economy policy – Labour consultant 

December 7, 2023

RSS Properties for Sale

  • Filling station for sale at Ashiyie November 29, 2023
  • Land with old house for sale at East Legon November 13, 2023
  • Newly built 2 bedroom apartment for rent at Adjringanor November 13, 2023
  • 3-bedroom house for sale at Adenta November 7, 2023
  • AFFORDABLE LANDS FOR SALE November 1, 2023
  • AFFORDABLE LANDS FOR SALE AT TSOPOLI November 1, 2023
  • ESTATE LANDS FOR SALE AT PRAMPRAM November 1, 2023

Vovoli TV

ADVERTS

Awake News logo

News Production & Advertising

Awake News is published by AM Network which seeks to give readers balanced and credible news from across Ghana and the world. We focus on giving our reader the reason to return to our portal for any news and why advertiser must place their ads on our portal...read more

Services

  • My Story
  • Advertise With Us
  • AMN Research
  • Contact Us
  • Vovoli TV
  • Awake Investigates

Partners

  • SenyoMart
  • GoPropertyLink.com
  • Senyo Global Solutions
  • FNN24.com
  • LoudSilenceRadio.com
  • GHface.com
  • myxyzonline.com
  • SenyoHost.com

 


Do you have any article for publication? Are you an eyewitness? Submit your stories and articles now via awakenewsonline@gmail.com or WhatsApp: +233249155003

  • All News
  • About Us
  • Advertise
  • AMN Research
  • My Story
  • Vovoli TV

Copyright © 2012-2020 | Awake News

No Result
View All Result
  • Vovoli TV
  • All Latest News
  • News
  • Politics
  • Education
  • Business
  • Health
  • Sports
  • Opinions
  • Entertainment
  • Press Release
  • My Story

Copyright © 2012-2020 | Awake News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Senco Homes