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Individual pension bondholders who did not tender in their bonds in the ongoing Domestic Debt Exchange Programme (DDEP) have been exempted, Finance Minister, Ken Ofori-Atta, has disclosed.
The Government and the Ghana Association of Bankers (GAB) reached an agreement on the new terms for the Domestic Debt Exchange programme.
The Minority NDC Caucus in Parliament is set to embark on nationwide roadshows to foster a deeper understanding of the Debt Exchange Programme.
The move, he said, was aimed at getting more funds into government’s $1.5 billion Fund to provide liquidity support to participating banks of the recent Domestic Debt Exchange Programme (DDEP), which cost GHS8 billion in losses to banks.