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Prof Abdul-Aziz Iddrisu: Breaking down Finance Ministry s alternative offer for pension funds

Under the new proposal, the government is offering an upward adjustment of the principal by 15% right from the start. So, for example, if you hold a bond with a face value of GHS 1,000 today which matures in 2027, the new bond gives you GHS 1,150 right from the start. The government would pay an average coupon rate of 8.4% per annum and an additional 10% cash payment every year.

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