A group of domestic bondholders claims they have not yet received full payment, including their principal amounts.
Some bondholders also stated that they had not received the coupons as promised, according to a report by JoyNews.
This comes after President Akufo-Addo stated that the government has completed payment to all debtors under the domestic debt exchange.
Dr. Adu Anane Antwi, Convener of the Pensioner Bondholder’s Forum, confirmed that not all investors have been paid their coupons.
“Pensioners and all other individuals who did not tender in their bonds are receiving their coupons, these days, as and when these coupons are due, the government pays these coupons. So that’s the only bondholders who still complaining of not getting the coupons are the companies who did not tender their bonus for the exchange.”
In his State of the Nation Address delivered in Parliament on Tuesday, February 27, President Akufo-Addo disclosed that an impressive GH¢5.8 billion has been disbursed to bondholders.
“For the last leg of the domestic debt exchange on September 5, 2023, a week ago last Tuesday, on February 20, 2024, the second coupon of GH¢5.8 billion was paid to domestic bondholders. This is the largest coupon paid in a day in Ghana’s history.
“On the external debt side, we have achieved a significant milestone by reaching an agreement with our bilateral creditors and I will use this occasion to thank the Republic of China and France, co-chairs of the official creditors committee for their positive roles in this achievement.”