Ghana Government: GH¢10.8 Billion DDEP Coupon Paid on Schedule

The government of Ghana has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP) in full and on schedule, bringing the total amount paid to DDEP bondholders since 2025 to GH¢41.36 billion.

This payment is significant for practitioners as it demonstrates the government's commitment to honoring its debt obligations and maintaining investor confidence in the Ghanaian economy. The successful completion of the DDEP coupon payment also underscores the importance of effective debt management strategies in mitigating financial risks for businesses and individuals.

The Domestic Debt Exchange Programme (DDEP) is a key component of Ghana's debt restructuring efforts, aimed at reducing the country's high debt burden and improving its creditworthiness. The programme involves the exchange of existing domestic bonds for new ones with more favorable terms, including lower interest rates and longer maturities. The DDEP has been implemented in accordance with the Public Financial Management Act, 2016 (Act 921), which empowers the Ministry of Finance to manage the country's debt obligations.

The key parties involved in this development include the Government of Ghana, represented by the Ministry of Finance, and the bondholders who participated in the DDEP. The payment is also significant for investors and businesses operating in Ghana, as it reinforces the government's commitment to fiscal discipline and responsible debt management.