The government has confirmed the settlement of all outstanding arrears owed to members of the individual bondholders.
In a statement, the Finance Ministry said all coupons and principals due up to June 19 have been paid, and instructions for the payment of coupons up until July 10, 2023, have been sent out.
It explained that the Ministry of Finance takes this opportunity to thank all bondholders for their continuous support during this period of tight liquidity.
The government is confident that in working with all stakeholders, we shall restore macroeconomic stability, achieve inclusive economic growth, and transform the Republic.
The individual bondholders have over some months protested, calling on the government to settle arrears owed them.
