The government plans to raise a net GH¢15.38 billion from the domestic market between October and December 2026 as it prepares to buy back some bonds issued under the Domestic Debt Exchange Programme (DDEP) that are due for repayment in 2027.

The move forms part of efforts to manage the country’s debt obligations and ease pressure on government finances ahead of next year’s bond repayments.

According to the government’s fourth-quarter issuance calendar, the GH¢15.38 billion represents the net amount it intends to raise after accounting for debt repayments and other financing requirements.

To raise the funds, the government will continue issuing 91-day, 182-day and 364-day Treasury bills through weekly auctions.

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It also plans to issue medium- and long-term bonds, depending on market conditions, to attract investors and meet its financing needs.

A key component of the government’s debt management strategy is the planned buyback of some DDEP bonds maturing in 2027.

The exercise would involve repurchasing some of these bonds from investors ahead of their maturity dates, helping to ease the pressure associated with meeting large debt repayment obligations next year.

However, the government has not disclosed the amount it intends to spend on the bond buyback.

It also plans to make full use of the sinking fund, which is designed to set aside resources for the repayment of government debt.

The government said the issuance calendar would provide investors with information on the timing of Treasury bill and bond issuances, enabling them to plan their investments accordingly.

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It clarified that the GH¢15.38 billion represents the net amount it intends to borrow after accounting for repayments and other financing requirements, rather than the total value of Treasury bills and bonds it plans to issue during the quarter.

DR/MA

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