The Ministry of Finance has announced the expiration of the restrictions on new domestic bond issuance.
The three-year restriction was imposed in 2023 to prevent the Government from issuing new bonds following the debt default that preceded the Domestic Debt Exchange Programme (DDEP).
A statement issued in Accra on Monday said the expiration of the restrictions paved the way for the government to drastically reduce its dependence on Treasury Bills to finance its budget and allow for the issuance of new longer-dated domestic bonds.
It came at a time when inflation was low, investor confidence had improved, and the macroeconomic environment was strong, the statement said.
“This is supported by a robust medium-term debt management strategy and significant buffers.”
Since 2025, the Government has honoured every coupon payment and obligation under the restructured bonds, demonstrating its credibility, fiscal discipline, and commitment to responsible debt management.
The statement expressed President John Dramani Mahama’s administration’s gratitude to the Ghanaian people for their forbearance and cooperation during the difficult period.
