Government Can Now Issue New Domestic Bonds Following Expiry of 2023 Restrictions
The Ministry of Finance has announced the expiration of the restrictions on new domestic bond issuance.
In a Statement released on March 2,2026 the Ministry explained that the three year restrictions which was imposed in 2023 as a result of debt default that preceded the Domestic Debt Exchange Programme (DDEP) and hence prevented the government from issuing new bonds has now expired.
The Ministry also added that the expiration of the restrictions comes at a time where inflation is low, investor confidence is improving , macroeconomic environment is strong, supported by a robust medium-term debt management strategy and significant buffers.
The statement also highlighted the government’s performance since 2025 having honored every coupon payment and obligation under the restructured bonds.
The Ministry also explained that the expiration of the restrictions not only paves the way for the government to issue more domestic bonds but also help in reducing the government’s dependence on Treasury bills to finance its budget.
The Ministry then commended Ghanians for their for their forbearance and cooperation during the restriction on domestic bond issuance .
About The Author
