Fees and Charges for Depository Services
We wish to inform the General Public and Investors in Government of Ghana Securities in particular that the Securities and Exchange Commission has approved the following Fees and Charges for transactions in Government of Ghana, Bank of Ghana and COCOBOD Securities. The transactions fees for the under-listed transactions will commence on March 1, 2012.
- Outright Sale of Securities (Trades)
- Request for Statements
- Transfer of Securities
The Table below summarizes all the charges currently being instituted:
| Category | Payer | Fees | Regularity |
|---|---|---|---|
| Admission Fee | Depository Participant | GH¢ 5,000 | Once |
| Subscription | Depository Participant | GH¢ 2,000 | Annual |
| Issuer Fee | Issuer | 0.018% | Per issued amount |
| Repurchase Agreement | Lender and Borrower | Gh¢5.00 | Per transaction |
| Assignment | Lender and Borrower | Gh¢5.00 | Per transaction |
| Trades | Buyer/Seller |
|
|
| Statement of Account | Requester | Ordinary Gh¢5.00 Security Paper Gh¢20.00 |
Per Account Per Account |
| Transfer of Securities | Requester | Gh¢20.00 | Per Transfer |
| Penalties | Ten times transaction charge for non-reporting; others to be instituted later | ||
Depository Participants, comprising all the Banks, accredited Brokerage Firms and Custodian Banks are responsible for the collection of these fees for onward transmission to the Depository.
For further enquires, contact any Depository Participant or the Central Securities Depository (Gh) Ltd. on telephone 0302 689313/4 or 4th Floor Cedi House, P.M.B CT 465, Cantonments, Accra.
