Government Extends Window for Bondholders to Complete Tendering Their Bonds

Government of Ghana has extended the window for bondholders to complete tender processes of Domestic Debt Exchange Programme.

In a statement signed by Finance Minister, Ken Ofori-Atta, it said it had come to the attention of Government that some bondholders faced technical glitches as they tried to complete the online tender process.

“As a result, Government is providing bondholders with a window to complete processes for tendering their bonds, in response to the terms of Exchange as amended pursuant to the 2nd Amended and Restated Exchange Memorandum. This window ends on Friday, 10th February 2023 at 4:00 p.m. (GMT),” the Finance Ministry announced in a statement.

The timetable of the Exchange is not otherwise affected by this, except for the Announcement Date which is now expected to occur on Monday, 13th February 2023.

“All Eligible Bondholders who were unable to complete the process should visit the website of the Central Securirties Depository (www.csd.com.gh/dde) to complete the process,” it concluded.

Read below the full statement 

Source: Peacefmonline.com