Audio By Carbonatix
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 coupon payment of GH¢376,325,910.09 made in March.
This brings the total amount paid by COCOBOD to DDEP bondholders in 2026 to GH¢2,682,582,282.18.
The latest payment also follows the full settlement in July of GH¢162 million owed to holders of Cocoa Bills who did not participate in the DDEP.
COCOBOD said the July settlement brought its outstanding obligations to affected non-DDEP Cocoa Bill holders to a close.
The Board said the payments form part of efforts to strengthen the financial sustainability of Ghana’s cocoa sector.
“Taken together, these payments demonstrate the Board's commitment to responsible financial management and the systematic settlement of its financial obligations,” COCOBOD stated.
The Board added that the payments were made “as part of the broader effort to strengthen the financial sustainability of Ghana's cocoa sector,” under the guidance of the Ministry of Finance.
The latest settlement means COCOBOD has completed its mandatory payment obligations to holders of bonds affected by the DDEP for the 2026 financial year.
Latest Stories
-
Glasner suffers loss on Selhurst return as Palace beat Forest
39 minutes -
WAFU B U17: ‘We won but I expected more from my boys’ – Kassim Ocansey
44 minutes -
Man City cruise to statement win over 10-man Liverpool
53 minutes -
Be careful with cross-border lending, foreign currency exposures – BoG to financial institutions
3 hours -
GPL 2026/27: Medeama go three clear as Hearts of Oak recover and Bechem stage stunning comeback
3 hours -
Ntiamoah Foundation launches “BEYOND 20” anniversary campaign
4 hours -
Credit Risk Management Directive: BoG to begin implementation for banks, others from July 1, 2027
4 hours -
Ghana Brands Awards 2026: Leading brands, business trailblazers to shine on November 20
4 hours -
T-bills auction: Demand improves as government exceeds target by about 76%; interest rates soften
4 hours -
Ziope undertakes initiative to build a technologically inclined community, commissions self-help ICT lab
5 hours -
ECG announces power outage in parts of Tema, Central Region due to network fault, maintenance
5 hours -
When the Gospel Becomes a Weapon: The church, blackmail and the abuse of faith
6 hours -
JoyNews’ Jacqueline Ansomah Yeboah selected for UK Media Excellence for Emerging Technologies Fellowship
6 hours -
Mental Health Alliance urges government to operationalise Mental Health Fund
6 hours -
Ghana–Holy See agreement heads to Parliament after Cabinet approval
6 hours