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COCOBOD settles GH¢2.3bn DDEP obligations for 2026

The Ghana Cocoa Board (COCOBOD) has settled GH¢2.3 billion owed to bondholders under the Domestic Debt Exchange Programme (DDEP), completing its mandatory payment obligations to affected bondholders for 2026. COCOBOD said it paid GH¢2,306,202,372.09 to holders of bonds affected by the DDEP. The payment, announced in a statement dated September 1, 2026, follows an earlier […]

COCOBOD settles GH¢2.3bn DDEP obligations for 2026

The Ghana Cocoa Board (COCOBOD) has fulfilled its financial obligations to bondholders under the Domestic Debt Exchange Programme (DDEP) for the year 2026, settling a sum of GH¢2.3 billion. This marks the completion of COCOBOD's mandatory payments to affected bondholders for the fiscal year. The total amount paid by COCOBOD to DDEP bondholders in 2026 now stands at GH¢2,682,582,282.18, following a recent payment of GH¢2,306,202,372.09 on September 1, 2026.

This payment follows a previous coupon payment of GH¢376,325,910.09 made in March of the same year. The latest settlement comes after the full resolution of GH¢162 million owed to holders of Cocoa Bills who had not participated in the DDEP in July. With this final payment, COCOBOD's outstanding obligations to affected non-DDEP Cocoa Bill holders have also been closed.

COCOBOD's actions are part of its efforts to bolster the financial stability of Ghana's cocoa sector. The payments underscore the Board's dedication to responsible financial management and the orderly settlement of its financial liabilities, as directed by the Ministry of Finance.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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