Finance Minister Dr Cassiel Ato Forson has announced the early redemption of GH¢29 billion in Domestic Debt Exchange Programme (DDEP) bonds due in February 2027, effective Thursday, November 12, 2026.

Published 12 Nov 2026, 19:38 GMTUpdated 12 Nov 2026, 19:42 GMT

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Finance Minister Dr Cassiel Ato Forson speaks at an event — Finance Minister Dr Cassiel Ato Forson (file photo)

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He has urged holders of the affected bonds to accept the early redemption offer, assuring them that funds are ready for payment.

Presenting the 2027 Budget to Parliament on November 12, 2026, Dr Forson said government had made provisions to meet its debt obligations and was inviting all holders of the February 2027 DDEP 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 also assured other DDEP bondholders that government would pay every cedi owed to them, covering both principal and interest, in full and on time.

On the external debt obligations, he said a further US$580 million Eurobond payment would fall due on July 2, 2027.

He disclosed that as of November 11, 2026, government had accumulated about US$480 million in the US Dollar Sinking Fund Account, with plans to increase the balance to approximately US$600 million by December 2026 ahead of the January repayment.

The Finance Minister said 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.

The Finance Minister said government was building sufficient buffers in the Debt Service Reserve Account to cater for GH¢11.1 billion in interest payments falling due in February 2027 and subsequent payments.

Raphael GharteyRaphael Ghartey is writer and reporter with the MG News team at Media General, serving TV3, 3News, Onua FM, Onua TV and more platforms.

Finance Minister announces early payment of GHC29bn DDEP bonds due February 2027

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