In line with government’s commitment to the continued success and credibility of Ghana’s domestic debt operations, instructions have gone out for the settlement of the GH₵ 2.4 billion first coupon payment of the DDEP, due today.
According to the Ministry of Finance, new bonds now stand as the dominating instruments in the domestic bond market, laying the basis for rapid recovery.
In a twitter post, the ministry said “We remain committed to the success of the new bonds and again thank all those who participated in the Domestic Debt Exchange Programme (DDEP), for their sacrifices.”
Also, in a recent presser, the Ministry indicated that government has honoured its commitment and fully settled the first coupon due from the DDEP, in the amount of GHc 2,369,667,190.18 (approximately 2.4 billion Ghana Cedis)
“The Ministry appreciates the sacrifices, forbearances and partnership of all stakeholders in helping the government to lead the nation to turn the corner towards restoring macroeconomic stability and inclusive growth,” the statement read.
Read below the full statement: