CalBank Banking Sector Overview & Competitor Benchmarking
CalBank | Government of Ghana Debt Exchange program
Classification of Local Currency Bonds held by CalBank
KEY IMPACTS
AMC (GHS'M)
9.4
FVTPL (GHS'M)
6.7
3,152.0
2,119.5
FV of LCY Bonds
CV of LCY Bonds
Classification of EuroBonds held by CalBank
AMC (GHS'M)
8.4
FVTPL (GHS'M)
4.7
382.6
275.0
01
02
Local Currency Bonds.
Impairment charges on Calbank's GoG LCY domestic bonds.
were GHS 1,032.5 million. Impairment assessments were based
on the guidance of IFRS 9 and the Institute of Chartered
Accountants of Ghana (ICAG). New bonds were designated as
collateral for current bonds as of 31/12/22. .
Foreign Currency Bonds
Eurobonds Impairment assessment of GHS 111.2 million on
the GoG Eurobonds relied heavily on Ghana's Finance
Ministry's pronouncement of a potential haircut on principal
and interest.
CV
FV
AMC =
FV of FCY Bonds
CV of FCY Bonds
Carrying Value of the bond
Face Value of the bond
Amortizing Cost
FVTPL= Fair Value Through Profit or Loss Statement
CalBank
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