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 FundsView entire presentation