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Government of Ghana Domestic Debt Exchange: Potential Financial Sector Impacts and Mitigating Safeguards

Government of Ghana Domestic Debt Exchange: Potential Financial Sector Impacts and Mitigating Safeguards

On 5th December 2022, the Government of Ghana launched Ghana’s Domestic Debt Exchange programme, an invitation for the voluntary exchange of approximately GHS137 billion of the domestic notes and bonds of the Republic, including E.S.L.A. and Daakye bonds, for a package of New Bonds to be issued by the Republic.