Gov't pays GH¢10.8 Billion DDEP coupon in full

The Government of Ghana has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP), marking the third consecutive coupon payment made entirely in cash.

The Ministry of Finance said the government paid GH¢10,816,840,318.26 to DDEP bondholders on Wednesday, August 19, 2026, in line with the scheduled payment date.

The latest payment brings the total amount disbursed to bondholders under the DDEP since 2025 to GH¢41.36 billion, according to the Ministry.

The government said the full and timely settlement of the coupon obligation reflects its commitment to maintaining fiscal discipline and meeting its debt-servicing responsibilities.

It added that the payment is expected to help strengthen investor confidence in Ghana's domestic debt market, lower concerns about sovereign default risk and improve the country's financial credibility.

The Ministry of Finance stressed that the latest payment is part of government's broader commitment to restoring confidence in Ghana's financial markets following the implementation of the Domestic Debt Exchange Programme.

According to the Ministry, bondholders, investors and the general public can expect future DDEP obligations to be settled in full and on schedule.

The government has been using the DDEP as a key component of its debt restructuring strategy aimed at restoring debt sustainability and creating fiscal space for economic recovery.

The latest GH¢10.8 billion payment therefore represents another significant financial commitment as government seeks to maintain confidence in the country's debt management framework and reassure investors of its ability to honour restructured domestic debt obligations.

Story by: Joshua Kwabena Smith