The Government has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP), bringing total payments to investors under the programme since 2025 to GH¢41.36 billion.
The latest payment, amounting to GH¢10,816,840,318.26, was confirmed by the Ministry of Finance in a statement issued on Tuesday.
The Ministry said the payment represents the third DDEP coupon payment made entirely in cash, with the government settling the obligation fully and on schedule.
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According to the Ministry, the timely payment is expected to strengthen investor confidence, reduce Ghana’s sovereign default risk and reinforce the country’s financial credibility as the government continues efforts to restore debt sustainability.
The GH¢10.82 billion DDEP payment follows an assurance by Finance Minister Dr Cassiel Ato Forson during the 2026 Mid-Year Budget Review in Parliament that the government would honour the coupon payment due on August 18.
Dr Forson said the payment formed part of the government’s commitment to meeting its obligations under Ghana’s domestic debt restructuring programme.
He had earlier disclosed that the government completed its first DDEP coupon payment of GH¢10.1 billion on February 17, 2026, also in full and on schedule.
The latest payment further brings the total amount paid to DDEP bondholders since 2025 to GH¢41.36 billion.
The Domestic Debt Exchange Programme (DDEP) was introduced as a key component of Ghana’s strategy to restore debt sustainability following the country’s severe debt crisis.
The programme involved restructuring domestic bonds held by a wide range of creditors, including banks, pension funds, insurance companies, individual investors, and other financial institutions.
The government has consistently maintained that the timely servicing of restructured domestic debt is critical to rebuilding investor confidence and supporting Ghana’s efforts to regain access to international capital markets.
The latest DDEP coupon payment is therefore being presented by the Ministry of Finance as another step towards demonstrating Ghana’s commitment to meeting its restructured debt obligations.
Dr Forson also disclosed during the Mid-Year Budget Review that Ghana had paid $2.1 billion in principal and interest to Eurobond holders since January 2025.
According to the Finance Minister, the payments were made without putting undue pressure on the country’s foreign exchange reserves.
He stressed that consistent repayment of debt obligations, rather than public assurances alone, would be crucial to restoring confidence in Ghana’s economy.
The Ministry of Finance has assured bondholders, investors and the general public that future DDEP obligations will continue to be paid in full and on schedule.
The latest GH¢10.82 billion DDEP payment could therefore provide further reassurance to investors as Ghana continues its broader debt restructuring and economic recovery efforts.
