COCOBOD Settles GH¢2.3bn DDEP Bond Obligations
The Ghana Cocoa Board (COCOBOD) has settled GH¢2.3 billion in outstanding payment obligations to bondholders affected by the Domestic Debt Exchange Programme (DDEP) for the 2026 financial year. The Board, in a press release issued today, said it had paid GH¢2,306,202,372.09, completing its mandatory payment obligations to the affected DDEP bondholders. The latest payment follows […] The post…
The Ghana Cocoa Board (COCOBOD) has fulfilled its financial obligations by settling a sum of GH¢2.3 billion in bonds held by investors affected by the Domestic Debt Exchange Programme (DDEP) for the 2026 fiscal year. The board announced the payment of GH¢2,306,202,372.09, bringing its total payments to DDEP bondholders for the year up to GH¢2,682,582,282.18.
This payment follows a March 2026 coupon payment of GH¢376.3 million, which raised the total amount paid to the DDEP bondholders to GH¢2,682,582,282.18. COCOBOD's latest settlement is part of its strategy to responsibly manage its financial commitments and bolster the financial stability of Ghana's cocoa industry. The board also settled GH¢162 million owed to non-DDEP Cocoa Bill holders in July 2026, effectively concluding its obligations to those affected parties.
COCOBOD's ongoing series of payments underlines its dedication to adhering to the Ministry of Finance's guidance and its commitment to responsible financial management, as it strives to enhance the cocoa sector's overall health.
Written by urgent.news from The Chronicle Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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