Finance Minister Dr Cassiel Ato Forson has announced the early redemption of GH¢29 billion in bonds issued under the Domestic Debt Exchange Programme (DDEP) and due in February 2027.
The early redemption takes effect on Thursday, November 12, 2026, with the Finance Minister assuring bondholders that funds are ready for payment.
Presenting the 2027 Budget to Parliament on November 12, Dr Forson said the government had made the necessary provisions to meet its debt obligations and was inviting holders of the affected bonds to take advantage of the offer.
“Rt. Hon. Speaker, permit me to announce early redemption of the GH¢29 billion of DDEP bonds falling due in February 2027, effective today, the 12th of November 2026.
“To every DDEP bondholder whose bond falls due in February 2027, hear me clearly: your cash is ready. Come for your money!” he declared.
He further assured other DDEP bondholders that the government would honour all its obligations, covering both principal and interest, in full and on schedule.
On external debt obligations, Dr Forson disclosed that a US$580 million Eurobond payment would fall due on July 2, 2027.
He said that as of November 11, 2026, the government had accumulated approximately US$480 million in the US Dollar Sinking Fund Account, with plans to increase the balance to about US$600 million by December 2026 ahead of the January repayment.
The Finance Minister said the government intended to settle both the January 2027 Eurobond obligation and the February 2027 domestic bond by December 31, 2026.
“Together, that is more than GH¢36 billion in debt to be cleared ahead of schedule,” he said, describing the planned repayments as evidence of fiscal discipline.
Dr Forson also said the government was building adequate buffers in the Debt Service Reserve Account to cover GH¢11.1 billion in interest payments due in February 2027, as well as subsequent obligations.
By:Rachael Djabakie