The government will make its next payment under the Domestic Debt Exchange Programme (DDEP) on August 18, 2026, with Finance Minister Dr Cassiel Ato Forson assuring bondholders that the GH¢10.8 billion coupon payment will be made on time and in full.
Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr Forson said the payment forms part of government’s commitment to honouring obligations under the domestic debt restructuring programme.
He said government had already successfully completed the first DDEP coupon payment, amounting to GH¢10.1 billion, which was paid on schedule.
“On the 17th of February 2026, government honoured the first domestic debt exchange programme coupon payment of 10.1 billion cedis on time and in full,” Dr Forson told Parliament.
“The seventh DDEP coupon payment of 10.8 billion cedis falls due on the 18th of August 2026. Let me use this opportunity to assure this House that it will be paid on time and in full,” he added.
The Domestic Debt Exchange Programme, introduced 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.
Dr Forson said the timely payments demonstrated government’s renewed commitment to meeting its financial obligations and rebuilding confidence among investors after the country’s debt crisis.
He also disclosed that since January 2025, Ghana had paid $2.1 billion in principal and interest to Eurobond holders without putting undue pressure on the country’s foreign exchange reserves.
“There was a time when the world doubted us. Today, every payment made on time answers that doubt, assuring bondholders in London, pension funds in New York and investors at home that our word is our bond,” he said.
The Finance Minister said consistent repayment, rather than public assurances, was the foundation for restoring confidence in Ghana’s economy.
“Payment after payment, coupon after coupon, Ghana has proven one thing. We now keep our word,” he said.
“That is how market confidence is rebuilt, not through speeches, but through repayment,” Dr Forson added.
The announcement comes as the government continues efforts to rebuild investor confidence following Ghana’s debt restructuring exercise and restore access to international capital markets.
