Ghana settles US$700m Eurobond obligation ahead of schedule

by Business Post

Ghana has fully settled a US$700 million Eurobond obligation ahead of schedule, marking another major step in the country’s post-debt restructuring recovery efforts, according to the Ministry of Finance.

In a statement issued on Monday, July 6, the Ministry disclosed that the payment was completed on July 2, 2026, through the government’s planned financing arrangements. The authorities emphasized that the transaction was executed without placing undue pressure on the country’s foreign exchange reserves.

The settlement comprised US$525.2 million in principal repayments and US$174.8 million in interest payments, bringing the total amount paid to Eurobond holders since January 2025 to US$2.1 billion under the terms of Ghana’s Eurobond Debt Exchange Programme.

According to the Ministry, the latest payment contributes to reducing Ghana’s outstanding Eurobond debt stock while reinforcing confidence among international investors and creditors. Officials described the move as evidence of government’s commitment to prudent debt management and the maintenance of macroeconomic stability.

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“The settlement reduces Ghana’s outstanding Eurobond debt, strengthens investor confidence, and demonstrates the Government’s commitment to prudent debt management and macroeconomic stability,” the Ministry said.

The government further indicated that it remains committed to implementing sound public financial management practices to ensure the timely servicing of all debt obligations going forward.

Ghana restructured its external debt under the Eurobond Debt Exchange Programme as part of broader efforts to restore debt sustainability and support economic recovery. The latest payment is expected to be viewed positively by market participants monitoring the country’s fiscal consolidation and debt management milestones.

The Ministry also expressed appreciation to Ghanaians for their continued support and confidence during the country’s economic recovery process.

Source: businesspostonline

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