principals Archives - Wontumi Online

23 May

We Will Resume Picketing Finance Ministry – Pensioner Bondholders Forum To Government

wontumionlineBusinesscoupons, Finance Ministry, Pensioner Bondholders Forum, principals

The Pensioner Bondholders Forum has threatened to resume picketing the Ministry of Finance to further press home its demand for the payment of all coupons and principals in arrears, and an end to payment delays. This follows what it describes as the government failure to pay outstanding coupons to it members, as promised. In a statement, it said “we wish to state however, that if our requests are not met by 29th May 2023, we shall be left with no other option than to resume picketing the Ministry to further press home our demand for the payment of all coupons…

Pay Us All Our Outstanding Coupons, Principals By April 28 Or We Resume Picketing – Pensioner Bondholders Forum To Government

wontumionlineBusinessBonds, coupons, Dr. Adu Anane Antwi, Pensioner Bondholders Forum, principals

The Pensioner Bondholders Forum has threatened to resume its picketing at the premises of the Ministry of Finance if the government fails to pay all outstanding coupons and principals of bond investments by April 28, 2023. This it believes will put an end to the payment delays. In a statement signed by its Convener, Dr. Adu Anane Antwi, it expressed disappointment about the government’s inconsistency regarding assurances to pay all pensioners their outstanding coupons and principals of bond investments. A Press Release dated April 14, 2023 from the Ministry of Finance indicated that a meeting held with the leadership of…

Payments Of Coupons, Principals Of Old Bonds To Resume By March 13 – Finance Ministry

wontumionlineBusinessBonds, coupons, fixed income market, ministry of finance, principals

In fulfillment of government assurance to bondholders who did not tender their old bonds, the Ministry of Finance is taking administrative steps to ensure that payments of coupons and principals of the old bonds resume by March 13, 2023. In a statement, the Ministry, however said the newly issued bonds have been settled and listed and will become the new benchmark bonds for the fixed income market. “The Ministry of Finance will work with relevant stakeholders, as agreed, to ensure that these new benchmark securities become the basis for deepening the domestic sovereign debt market”, it pointed out. S&P rating…