During the filing of his nomination papers on Wednesday, New Patriotic Party flagbearer aspirant Bryan Acheampong, during his address, promised to pay all domestic bondholders under the Domestic Debt Exchange Programme (DDEP).
While Bryan Acheampong's promise looks so sweet on paper, the fact is that what he is seeking to do is not possible to achieve, in line with the DDEP agreement.
First, the bondholders are on two fronts: domestic bondholders and foreign bondholders.
And under the DDEP agreement with bondholders, there is a critical clause known as the "equal treatment clause".
