GOVERNMENT SUCCESSFULLY SETTLES $700 MILLION EUROBOND OBLIGATION AHEAD OF SCHEDULE

GOVERNMENT SUCCESSFULLY SETTLES $700 MILLION EUROBOND OBLIGATION AHEAD OF SCHEDULE

The Government of Ghana has fully settled a US$700 million Eurobond obligation ahead of schedule. The Ministry of Finance stated that this action reinforces the country’s commitment to prudent debt management and macroeconomic stability. According to a statement issued by the Ministry, the payment was made on Thursday, July 2, 2026, and included US$525.2 million in principal repayments and US$174.8 million in interest payments. 

The Ministry Of Finance

The Ministry also noted that this latest settlement brings the total amount paid to Eurobond holders since January 2025 to US$2.1 billion, in accordance with the terms agreed upon under Ghana’s Eurobond Debt Exchange Programme. It elaborated that the payment was financed through the Government’s planned financing arrangements, without placing undue pressure on the country’s foreign exchange reserves. 

A Eurobond is an international debt security issued by governments or corporations in a foreign currency, often U.S. dollars. It is used to raise capital for public projects and allows issuers to access a global investor base.

Moreover, the Ministry emphasized that this settlement further reduces Ghana’s outstanding Eurobond debt and strengthens investor confidence in the country’s economic management. It highlighted the Government’s ongoing commitment to honoring its debt obligations and maintaining prudent public debt management as part of broader efforts to sustain macroeconomic stability. 

The Ministry reaffirmed its commitment to implementing 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 works to restore and safeguard the country’s economic stability.

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