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PR.  022/2021 LISTING AND TRADING OF GOVERNMENT OF GHANA NOTES AND BONDS ISSUED IN DECEMBER 2020

By February 5, 2021No Comments

Listing

The Exchange has admitted to the Ghana Fixed Income Market (GFIM), notes and bonds issued by the Government of Ghana in December 2020.

Background Information

Details of the notes and bonds are as per the attached.

Non-Resident Foreign (NRF) Investors Participation

The Bank of Ghana has confirmed that participation in Government of Ghana fixed income securities is open to non-resident foreigners (NRF) in respect of securities with tenure of two years and above.

Registration

The Central Securities Depository Ltd is in charge of registration.

Tax

The Income Tax Act of 2015 (Act 896) requires the withholding of tax in respect of interest payments at the applicable rate of tax.

Issued in Accra, this 3rd day of February, 2021.

Attachment