The Progressive People’s Party (PPP) says the government should exempt all domestic bondholders from its debt exchange. It said the approach of government should be focused on developing a valuation model of debt restructuring to be auctioned on the secondary market. “We advise that, if government will want to pursue debt exchange as a tool, […]
Tag: DDEP
Sign up or lose your investments – Banks push individual bond holders to sign on to debt exchange programme
Some commercial banks in the country have started sending messages to their individual bond holders to subscribe to the government’s Domestic Debt Exchange Programme (DDEP) by close of day Thursday (Jan 12, 2023). One of such messages the Graphic Online accessed read; “In pursuant to the Minister of ‘Finance’s directive on the Domestic Debt Exchange […]