Ghana govt and capital market operators agree on domestic debt exchange terms

Crisis-hit Ghana has to restructure its mountain of debt in order to access a relief package from the International Monetary Fund but a deadline for bondholders to sign up to the DDE programme has already been pushed back several times.

Under the new agreement, capital market operators will participate in the exchange programme on the same "improved terms" agreed with banks earlier this week. "GSIA believes this agreement is necessary to restore market normalcy and confidence in the economy," the statement said. Ghana needs around 80% of bondholders to sign up for the DDE program. Registration has already been been extended three times, with a current deadline of Jan. 31, in an attempt to convince hesitant bondholders who are concerned about lack of clarity surrounding the terms of the deal.

Well...

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

WATCH: Market ReportBusiness Day TV talks to Jacques Pretorius from Sinayo Securities
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

'Very high' levels of contamination found in SAA passenger plane tanks after Ghana refuel | BusinessSamples taken from fuel tanks of an SAA Airbus A330-300 when it returned to Johannesburg after possibly loading contaminated jet fuel in Accra, Ghana in April last year revealed 'very high levels of microbiological contamination'. | News24_Business _Business Ja, ek is nou so bly ek het nie voorheen in hierdie program geglo nie, maar ek het my wins van R50,000 by my beursie-adres ontvang.. richard1_ray _Business Were they loading from the sewage tank ? _Business Ereng 'black excellence' mo ngo'aneng?
Herkunft: News24 - 🏆 4. / 80 Weiterlesen »

WATCH: Sugar industry will lose R723 million [Video]Need your news quickly? Watch daily News in a minute videos from The South African YouTube page for all that you really need to know!
Herkunft: TheSAnews - 🏆 25. / 59 Weiterlesen »