GH¢10.8bn DDEP Coupon paid in full and on schedule – Finance Ministry announce

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Ato Forson

The government of Ghana, through the Finance Ministry, has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP).

According to the Finance Ministry, the payment, totalling GH¢10,816,840,318.26, was made in full and on schedule.

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They further disclosed that the total amount paid to DDEP bondholders since 2025 is GH¢41.36 billion.

The Finance Ministry disclosed that the timely payment reflects the government’s fiscal discipline and commitment to meeting its debt obligations.

According to them, the payment will strengthen investor confidence, reduce Ghana’s sovereign default risk and reinforce the country’s financial credibility.

The latest payment follows an assurance by Finance Minister Dr Cassiel Ato Forson during the 2026 Mid-Year Budget Review in Parliament that government would honour the coupon payment due on August 18.

A press release shared by the Finance Ministry on Wednesday, 19th August 2026 read, “The Government of Ghana has paid GHc10,816,840,318.26 to bondholders under the Domestic Debt Exchange Programme.

This brings the total amount paid to bondholders since 2025 to GHe41.36 billion.

This is the third DDEP coupon payment made fully in cash. It was paid in full and on schedule.

The timely payment demonstrates Government’s fiscal discipline and firm commitment to meeting all its debt obligations. It will strengthen investor confidence, reduce sovereign default risk and reinforce Ghana’s financial credibility.

Government assures bondholders, investors and the public that all future DDEP obligations will also be paid in full and on schedule”.

Also, Dr Cassiel Ato Forson, Ghana’s finance minister, has announced that the Government of Ghana has since January 2025 paid $2.1 billion to Eurobond holders.

 The Finance Ministry made this known while revealing that Ghana has settled a US$700 million Eurobond obligation ahead of its scheduled maturity.

According to the Ministry of Finance, the payment was made on Thursday, July 2, 2026, and comprised US$525.2 million in principal repayments and US$174.8 million in interest.

In a statement issued on July 6, 2026, the Finance Ministry detailed that with this latest transaction, Ghana has now paid a total of US$2.1 billion to Eurobond holders since January 2025, which is in line with the country’s Eurobond Debt Exchange Programme.

The Finance Ministry disclosed that the payment was executed through planned government financing arrangements, which did not place pressure on the country’s foreign exchange reserves.

Parts of the Finance Ministry press release read, “The payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves. The settlement reduces Ghana’s outstanding Eurobond debt, strengthens investor confidence, and demonstrates the Government’s commitment to prudent debt management and macroeconomic stability.

The Ministry of Finance will continue to implement sound public financial management practices to ensure the timely servicing of Ghana’s debt obligations. The Ministry expresses its gratitude to the people of Ghana for their continued patience, support, and confidence,” the statement added.

See the press release below:

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