The government has extended the Settlement Date of the Exchange from the previously announced 14th February 2023 to 21st February in the Domestic Debt Exchange Programme (DDEP).
This is to provide sufficient time to settle the New Bonds in an efficient manner, a statement issued by the Ministry of Finance said on Tuesday February 14.
“To provide sufficient time to settle the New Bonds in an efficient manner, the Government is extending the Settlement Date of the Exchange from the previously announced 14th February 2023 to 21st February 2023”, the statement indicated.
The Ministry earlier expressed gratitude to all bondholders who voluntarily participated in the DDEP.
The Programme closed on Friday, February 10 after multiple deadlines.
The Minister of Finance, Ken Ofori-Atta, had targeted over 80 percent participation amid agitations among individual bondholders and some Senior Citizens, who sought exemption from the Programme.
Source:Mybrytfmonline.com
