The Ghanaian government has announced the effective settlement of a US$700 million Eurobond obligation, which was completed ahead of time as part of the country’s continuous debt management strategy.
The payment, which comprised US$525.2 million in principal and US$174.8 million in interest, was made on July 2, 2026, according to a statement released by the Ministry of Finance on Monday, July 6.
The new deal brings Ghana’s total payments to Eurobond holders under the Eurobond Debt Exchange Program to US$2.1 billion since January 2025, according to the Ministry.
It clarified that prearranged financing mechanisms were used to satisfy the debt, enabling the government to fulfil its obligations without unduly taxing the nation’s foreign exchange reserves.
According to the Ministry, the early payment demonstrates the government’s dedication to prudent debt management and is anticipated to significantly lower Ghana’s remaining Eurobond obligations while boosting investor confidence in the country’s economy.
It further stated that the government is still committed to upholding macroeconomic stability by managing public finances responsibly and making sure that all debt commitments are paid off on schedule.
The Ministry also expressed gratitude to Ghanaians for their ongoing confidence and support as the nation strives to bolster its economic recovery.
Statement Below:
Source: newsthemegh.com