Debt Exchange Programme extended to December 30 – MoF

Ken Ofori-Atta
Ken Ofori-Atta

The Ministry of Finance has announced an extension of the government’s Debt Exchange Programme to December 30, 2022.

The Debt Exchange Programme which was expected to expire on Monday, December 19, 2022, has been extended with a contemplated settlement date of Friday, January 6, 2023.

“On 6th December 2022 our domestic debt operation (which we formally refer to as the Invitation to Exchange ) was lunched. Over the last ten days, we continue the Consultation effort that we initiated with all stakeholders ahead of the launching of the offer, including regulators, bankers, pension funds, asset managers, insurance companies etc.” The statement said.

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“Complementing the effort on the structure of the offer, we are working with the Bank of Ghana and other regulators (SEC, NPRA and NIC) in the financial sec to and our Advisors and including input from various institutions and the Unions.”

“We also fully considered feedback from the financial sector” The Ministry of Finance said.

SOURCE: Coverghana.com.gh

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