Investor Presentaiton slide image

Investor Presentaiton

8 E8 The restoration of Debt Sustainability is a key objective under the PC- PEG-backed IMF Prog. Consequently, Ghana successfully completed the first pillar of the Domestic Debt Exchange Programme in February The domestic debt restructuring programme is largely completed. The instruments yet to be treated are (i) cocoa bills, (ii) US- denominated local bonds, and (iii) IPP debt. Exchanges on Cocobills and US-denominated local bonds will be completed shortly Outcome of the Domestic Debt Exchange Programme on eligible bonds as at DDEP exchange date of 23/02/2023 REPUBLIC OF GHANA MINISTRY OF FINANCE Old bonds Coupon 19.1% New bonds 9.1% o.w. only 5% paid in cash in 2023 and 2024 Participation 85% Average maturity 3.8 years 8.2 years Perimeter Treasury Bonds, ESLA Bonds, Daakye Bonds excl. holdings by Pension Funds
View entire presentation