MINISTRY OF FINANCE EXTENDS DOMESTIC DEBT EXCHANGE PROGRAMME
The Ministry of Finance has extended the expiration date of the Domestic Debt Exchange Programme from Monday January 16, 2023 to Tuesday January 31, 2023.
The Domestic Debt Exchange Programme is a voluntary exercise, however, there will be engagement with stake holders especially individual bond holders to alleviate disadvantageous impact while contributing to overcoming economic challenges.
In a statement by the Ministry of Finance, Following the first announcement of the Domestic Debt Exchange Programme on December 5, 2022, the Government entered into advanced discussions with multiple stakeholders. These discussions resulted in the amendment of the terms of the offer, which was announced on 24 December, 2022, to expire on January 16, 2023.
Also, the release added, “a successful Domestic Debt Exchange is critical to advance our economic recovery process, and therefore it is in our common interest to make it work”.
Attached is the release form the Ministry of finance.
Related Posts
Sidney Wafula to assume role of BAT Kenya Managing Director in June
British American Tobacco (BAT) Kenya has unveiled a key executive shake-up as part of its succession strategy, naming…
By
Solar Africa’s David McDonald outlines realities of South Africa’s energy market
As South Africa’s energy sector continues its post-loadshedding evolution, optimism abounds at high-level discussions, but on-the-ground realities tell…
MTN Nigeria reports ₦5.2trn in service revenue for FY 2025
MTN Nigeria Communications Plc has released its audited financial results for the year ended December 31, 2025, reporting…
Risper Genga Ohaga appointed as APA Apollo Group CEO
East African Breweries Limited (EABL) Chief Financial Officer Risper Genga Ohaga has been named Group Chief Executive Officer…
Gallery
