Ghana Ministry of Finance: Pays DDEP Coupon in Full

• The Ghanaian government has paid GH¢10.82 billion to DDEP bondholders in full and on schedule.
• This payment brings the total amount paid to DDEP bondholders since 2025 to GH¢41.36 billion.
• The timely payment may indicate a compliance exposure for companies that have not participated in the DDEP, as they may be at risk of defaulting on their domestic debt obligations.

This payment brings the total amount paid to DDEP bondholders since 2025 to GH¢41.36 billion.

The Ghanaian government has made a significant payment under the Domestic Debt Exchange Programme (DDEP), settling its GH¢10.82 billion debt to bondholders in full and on schedule. This payment, totaling GH¢10,816,840,318.26, marks another milestone for the DDEP, which has been instrumental in restructuring Ghana's domestic debt. The Ministry of Finance confirmed that this payment was made as scheduled, bringing the total amount paid to DDEP bondholders since 2025 to a substantial GH¢41.36 billion.

The Domestic Debt Exchange Programme (DDEP) is a key initiative aimed at reorganizing Ghana's domestic debt, which has been a major concern for the government and investors alike. The programme was launched in 2025 with the goal of reducing the country's debt burden and making it more manageable. As part of this effort, bondholders have been participating in the DDEP, exchanging their existing bonds for new ones with more favorable terms. This payment is a testament to the government's commitment to honoring its obligations under the programme.

The timely payment of GH¢10.82 billion by the Ghanaian government has far-reaching implications, not only for bondholders but also for companies that have not participated in the DDEP. As lawyers note, this development may indicate a compliance exposure for such companies, as they may be at risk of defaulting on their domestic debt obligations. The payment serves as a reminder of the importance of participating in debt restructuring programmes to avoid potential defaults and maintain good standing with creditors.

Lawyers should note that this payment may indicate a compliance exposure for companies that have not participated in the DDEP, as they may be at risk of defaulting on their domestic debt obligations.

Source: Original reporting via Gov’t pays GH¢10.8bn DDEP Coupon in full and on schedule