11
Jan
The Ghana Individual Bondholders Forum (IBF), a group of voluntary bondholders, has urged individual bondholders to reject and refrain from complying with the mandatory deadline imposed under the Domestic Debt Exchange (DDE) programme. It rather wants them to join the efforts of the IBF. In a statement signed by Senyo Hosi, the immediate past Chief Executive of the Chamber of Bulk Oil Distribution Companies , it also urged indirect bondholders (investors in mutual funds, cash trusts, balance funds) to inform their fund managers not to accept the DDE. It advised government to open a channel of communication for immediate frank,…