The Government of Ghana has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP), fulfilling its latest coupon obligation in full and on schedule.
The Ministry of Finance said the payment amounted to GH¢10,816,840,318.26, bringing the total value of DDEP coupon payments made since 2025 to GH¢41.36 billion.
According to the Ministry, the latest payment is the third DDEP coupon to be paid entirely in cash. It said the timely settlement is expected to boost investor confidence, reduce concerns over Ghana’s sovereign default risk and strengthen the country’s financial credibility.
The payment follows an assurance given by Finance Minister Dr Cassiel Ato Forson during the 2026 Mid-Year Budget Review that government would meet the GH¢10.82 billion coupon obligation due on August 18.
Dr Forson said the payment demonstrates government’s commitment to meeting its obligations under the domestic debt restructuring programme.
The Finance Minister had earlier disclosed that government made its first DDEP coupon payment of GH¢10.1 billion on February 17, 2026, also paying the amount in full and on schedule.
The DDEP was introduced as part of Ghana’s broader efforts to restore debt sustainability after the country’s debt crisis. The programme involved restructuring domestic bonds held by banks, pension funds, insurance companies, individual investors and other creditors.
Government has maintained that consistent and timely servicing of the restructured debt is important to rebuilding investor confidence and supporting Ghana’s efforts to regain access to international capital markets.
Dr Forson also revealed during the Mid-Year Budget Review that Ghana had paid $2.1 billion in principal and interest to Eurobond holders since January 2025, without placing undue pressure on the country’s foreign exchange reserves.
He stressed that consistent repayment of the country’s debt obligations, rather than assurances alone, would be critical to restoring confidence in Ghana’s economy.
The Ministry of Finance has assured bondholders, investors and the general public that government remains committed to paying all future DDEP obligations in full and on schedule.
