“Using the 16% discount rate for the NPV for government bonds calculation resulted in DDEP losses of 22 banks stood at ¢7.3 billion with the foreign banks, private domestic banks and state-owned banks accounting for losses. The Banking sector held about ¢50.6 billion out of ¢ 87 billion restructured from Treasury bonds, ESLA and Daakye bonds excluding pension funds", it stated.