The Domestic Debt Exchange Programme presents a silver lining that the country must grab with both hands and fly with it, the Managing Director of Ghana Stock Exchange, Abena Amoah has said.
She said the DDEP would reset the interest rate regime of the country and also help free up capital for investment in the private sector.
Amoah was speaking at the Graphic Business/Stanbic Bank Breakfast meeting themed “Domestic debt exchange: lessons and implications for how you invest”.
She said the DDEP provides lessons to financial institutions that they cannot continue to invest In government bonds.
“We cannot continue to invest in government bonds, we have to look for additional returns by investing in the private sector,” she stated.
More to follow…