Gov’t pays GH¢10bn DDEP interest in sixth coupon settlement
The Business & Financial Times
The Ghanaian government has made a GH¢10 billion interest payment to bondholders as part of the sixth coupon settlement under the DDEP.Summary
The Government of Ghana has completed its sixth coupon payment under the Domestic Debt Exchange Programme (DDEP), disbursing GH¢10 billion in interest to bondholders. This latest settlement is significant as it represents the second consecutive full cash payment, without any reliance on Payment-In-Kind instruments. According to the Ministry of Finance, this demonstrates “strengthened fiscal capacity and solvency” and improved liquidity conditions. The payment fulfills cedi-denominated coupon obligations as agreed upon in the restructuring memorandum with bondholders, aligning with the government’s overall debt management and fiscal consolidation strategy.
(Source：The Business & Financial Times)