Govt announces successful U.S. Dollar-denominated bonds exchange

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The Ministry of Finance has revealed the outcome of the U.S. dollar-denominated bonds exchange, a crucial financial manoeuvre that concluded at 4:00 p.m. on August 25, 2023.

According to the government, 92% of eligible holders, as identified by the Central Securities Depository, participated in the Invitation to Exchange and offered their Eligible Bonds for exchange.

The Government has expressed its contentment with the results, as the participation reflects a noteworthy achievement.

The high turnout of Eligible Holders in the exchange aligns with the Government’s aspirations to implement the economic strategies outlined in the post-COVID-19 Programme for Economic Growth (PC-PEG), particularly in the face of the current economic crisis.

Source: myghanadaily

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