COCOBOD settles outstanding 2026 DDEP obligations with GH¢2.3bn payment

The Ghana Cocoa Board (COCOBOD) has settled GH¢2.3 billion owed to bondholders affected by the Domestic Debt Exchange Programme (DDEP) for 2026.

The payment completes the Board’s mandatory obligations to DDEP bondholders for the year, according to a statement issued on Tuesday, September 1.

COCOBOD said the latest payment, together with an earlier coupon payment made in March, brings its total payments to DDEP bondholders in 2026 to GH¢2.68 billion.

“The Ghana Cocoa Board (COCOBOD) wishes to inform bondholders, investors, cocoa industry stakeholders, and the general public that it has settled an amount of GHS2,306,202,372.09, completing its mandatory payment obligations to holders of bonds affected by the Domestic Debt Exchange Programme (DDEP) for the year 2026,” the statement said.

In March 2026, the Board paid a coupon amount of GH¢376.3 million to the affected bondholders.

COCOBOD also said it settled GH¢162 million in July 2026 to holders of Cocoa Bills who did not participate in the DDEP.

The July payment brought the Board’s outstanding obligations to the affected non-DDEP Cocoa Bill holders to an end.

According to COCOBOD, 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 as part of the broader effort to strengthen the financial sustainability of Ghana’s cocoa sector,” it stated.