Government Strengthens Investor Confidence With GHS 9.7bn DDEP Coupon Payment

The Ministry of Finance has announced the successful disbursement of GHS 9.7 billion as coupon payments under the Domestic Debt Exchange Programme (DDEP).

According to the Ministry, the payment, made on August 19, 2025, amounts to GHS 9,698,815,220.17 and brings total disbursements under the DDEP in 2025 to GHS 19.4 billion.

“The payment demonstrates Government’s unwavering commitment to honouring the terms outlined in the Memorandum of Understanding signed under the exchange programme and is expected to strengthen investor confidence and support fiscal credibility,” the Ministry stated.

As part of measures to safeguard debt sustainability, Government has established two dedicated sinking fund accounts—a Cedi Sinking Fund Account and a US Dollar Sinking Fund Account—pursuant to the Public Financial Management Act, 2016 (Act 921), as amended.

The funds are expected to serve as liquidity buffers to ensure the timely redemption of maturing bonds in 2026, 2027, and 2028.

The Ministry further assured investors and the general public that all subsequent debt obligations, including those under the DDEP, will be honoured fully and on schedule.