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Home News

Government settles US$700m Eurobond obligation ahead of schedule

Finance Minister to present 2025 Budget to Parliament on March 10
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The Ministry of Finance has announced that the Government of Ghana has fully settled a US$700 million Eurobond obligation ahead of schedule, describing the move as a significant step in strengthening investor confidence and maintaining macroeconomic stability.

In a press release issued on Monday, July 6, the Ministry said the payment was completed on Thursday, July 2, 2026, and comprised US$525.2 million in principal repayments and US$174.8 million in interest payments.

According to the Ministry, the latest payment brings Ghana’s total payments to Eurobond holders to US$2.1 billion since January 2025, in line with the terms of the country’s Eurobond Debt Exchange Programme.

The Ministry noted that the settlement was financed through the Government’s planned financing arrangements and did not place undue pressure on Ghana’s foreign exchange reserves.

It said the payment reduces the country’s outstanding Eurobond debt, boosts investor confidence, and underscores the Government’s commitment to prudent debt management and macroeconomic stability.

The Ministry of Finance added that it will continue to implement sound public financial management practices to ensure the timely servicing of Ghana’s debt obligations.

It also expressed appreciation to the people of Ghana for their continued patience, support, and confidence as the Government pursues measures to strengthen the economy.

By: Bernard Mensah |Planbfmonline.com

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