In order to allow the use of deposits and investments from Cocobod dans divers établissements bancaires pour répondre aux besoins de consommateurs de détail qui pourraient ne pas vouloir convertir leurs obligations cacao, la Central Bank of Ghana has reached an agreement with the Ghana Cocoa Board (Cocobod) and commercial banks.

As part of the restructuring of its domestic debt in early December 2022, the government announced on Monday, January 23, 2023, the creation of a domestic bond exchange, including cocoa bonds, in dollars. The Cocobod defaulted on Thursday for the first time, on payment of one of its 182-day, maturing six-month bond worth 940.42 million cedis.

La banque centrale a annoncé avoir “suivi les processus habituels de réémettre au nom du Cocobod: a new six-month cocoa bond to raise funds to cover the debt obligation However, unfortunately, the auction failed and was heavily undersubscribed, resulting in a loss of 855.42 million cedis.”