Government Settles US$700 Million Eurobond Obligation Ahead of Schedule

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Dr. Cassiel Ato Baah Forson, Minister for Finance

The Government of Ghana has fully settled a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says underscores the country’s commitment to prudent debt management and macroeconomic stability.

In a press release issued on Monday, July 6, 2026, the Ministry announced that the payment was completed on Thursday, July 2, 2026.

According to the Ministry, the settlement comprised US$525.2 million in principal repayments and US$174.8 million in interest payments.

The Ministry disclosed that with the latest payment, Ghana has now paid a total of US$2.1 billion to Eurobond holders since January 2025, in line with the terms of the country’s Eurobond Debt Exchange Programme.

It further explained that the payment was made through the government’s planned financing arrangements, ensuring that there was no undue pressure on Ghana’s foreign exchange reserves.

The Ministry noted that the successful settlement would reduce the country’s outstanding Eurobond debt, strengthen investor confidence and demonstrate the government’s commitment to sound debt management and maintaining macroeconomic stability.

It added that the government remains committed to implementing prudent public financial management measures to ensure the timely servicing of Ghana’s debt obligations.

The Ministry also expressed appreciation to the people of Ghana for their continued patience, support and confidence as the government pursues measures to strengthen the country’s economy.

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