The Ministry of Finance has announced that Government has defrayed GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP).
This total amount of GH¢10,816,840,318.26, brings the total amount paid to DDEP bondholders since 2025 to GH¢41.36 billion.
A statement issued by the Ministry announcing the payment on Wednesday, August 19, 2026, said this was the third DDEP coupon payment and was made entirely in cash, adding that the obligation was settled in full and on schedule.
It is expected that this payment strengthens investor confidence, reduce Ghana’s sovereign default risk and reinforce the country’s financial credibility.
The latest payment follows an assurance by the Finance Minister, Dr. Cassiel Ato Baah Forson, during the 2026 Mid-Year Budget Review in Parliament that Government would honour the coupon payment due on August 18.
He noted that the payment forms part of the Government’s commitment to honouring its obligations under the domestic debt restructuring programme.
Dr. Forson had previously disclosed that government had successfully completed its first DDEP coupon payment of GH¢10.1 billion on February 17, 2026, also in full and on schedule.
The DDEP was introduced under the erstwhile Akufo-Addo administration as part of Ghana’s efforts to restore debt sustainability, involved the restructuring of domestic bonds held by banks, pension funds, insurance companies, individual investors and other creditors.
Government has maintained that timely servicing of the restructured debt is critical to rebuilding investor confidence following the country’s debt crisis and supporting efforts to restore access to international capital markets.
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, without putting undue pressure on the country’s foreign exchange reserves.
These consistent repayments of debt obligations on schedule, rather than public assurances, the Finance Minister has indicated, is the surest way to restore confidence in Ghana’s economy.
Meanwhile, bondholders, investors and the public have been assured by the Ministry that all future DDEP obligations would be paid in full and on schedule.
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