Coalition of Individual Bondholders has lauded the government for initiating payments delayed bond maturity and coupon payment that was originally February for February 6, 2023.
The group had given the government 48 hours ultimatum to settle all matured principal and outstanding coupons owed on all government payment-issued bonds.
Senyo Hosi, the convenor confirmed the receipt of payment to the media, adding that those who have not received their funds will soon receive them as banks work to credit their accounts.
Mr Hosi further urged the government to communicate effective payment dates for outstanding bonds and stressed that it is critical to restoring investor confidence in the financial sector.
” Our challenge nonetheless has been the fact that while this is great government management of information has not been the best. We trust that the Ministry of Finance can and should be doing much better ” He said.
