Gov't not planning another DDEP with pension funds – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta has debunked reports that the government is planning a second round of Domestic Debt Exchange Programme (DDEP) with pension funds.
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The Minister of Finance, Ken Ofori-Atta has debunked reports that the government is planning a second round of Domestic Debt Exchange Programme (DDEP) with pension funds.
Yesterday, the U.S. Department of the Treasury released an initial estimate of foreign holdings of U.S. securities, including Treasury bonds, as of June 30, 2011. This estimate serves as a correction of monthly figures Treasury publishes, known as the Major Foreign Holders series.
The CBO reported that the just-completed fiscal year produced a budget deficit of -$1.4T. Read why treasury bond liquidity is deteriorating.
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