The Ghana Individual Bondholders’ Forum (IBF) has told members not to sign up for the Domestic Debt Exchange Programme (DDE) if they want to optimise their investments and maintain the “superior” old bonds.
This recommendation was given on the eve of the deadline day for the Programme.
According to a press release issued by one of the convenors of the Forum, Senyo Hosi, no one will be punished for rejecting the Programme.
“The law is in your favour and the Minister of Finance has been categorical in affirming your right by stating that he will honour obligations under the old bonds and will not undertake any action to punish individuals who reject the DDE,” he stated on Monday, January 30.
The press release indicated, however, that those compelled to support the Programme can sign up without hesitation.
The deadline for all to voluntarily sign up for the Programme was for the third time extended on Monday, January 16 to today.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
