CENTRAL SECURITIES DEPOSITORY (GH) LTD.

PUBLIC NOTICE

CSD EARNS “A-“RATING.

Thomas Murray as part of its 2012 rating has rated Ghana’s Central Securities Depository (GH) Ltd with an overall rating of ‘’A-‘’, categorising the Central Securities Depository (CSD) as a low risk establishment. The overall rating by Thomas Murray was based on a weighted average of six risk areas vis-à-vis Asset Commitment Risk, Liquidity Risk, Counterparty Risk, Asset Servicing Risk, Financial Risk and Operational Risk.

The Central Securities Depository (Gh.) Ltd was incorporated in June, 2010 as a wholly owned subsidiary of Bank of Ghana. It manages the system for the issue and redemption of Government Treasury Bills and Bonds at the auction organised by Bank of Ghana. The CSD is charged with the opening and maintenance of the securities accounts of investors in these securities. It processes the payment of interest and maturities on these bills and bonds to the accounts of investors.

Thomas Murray is an expert in custody rating, risk management and research specialising in the global securities services industry. Thomas Murray tracks and analyses over 250 custodians globally and monitors the risk of over 100 capital market infrastructures. The company has a strong position as a provider of public and private ratings and risk assessments on global custodians, domestic custodian banks and capital market infrastructures.

Management of Central Securities Depository

03/01/2013