Government pays off $700m Eurobond obligation early

The Government of Ghana has settled a US$700 million Eurobond debt ahead of schedule, marking another milestone in its ongoing debt management and economic recovery efforts.

In a statement, the Ministry of Finance said the payment was completed on Thursday, July 2, 2026. The amount comprised US$525.2 million in principal and US$174.8 million in interest.

According to the Ministry, the latest payment increases Ghana’s total repayments to Eurobond holders to US$2.1 billion since January 2025 under the country’s Eurobond Debt Exchange Programme.

The Ministry explained that the repayment was financed through the government’s planned funding arrangements and did not place undue pressure on Ghana’s foreign exchange reserves.

It noted that settling the obligation ahead of schedule further reduces the country’s external debt burden while reinforcing investor confidence in Ghana’s ongoing fiscal and macroeconomic reforms.

The Ministry added that the early repayment reflects the government’s commitment to prudent debt management, fiscal discipline and maintaining macroeconomic stability as the country continues its economic recovery.

The payment comes as Ghana seeks to strengthen investor confidence following the successful completion of its external debt restructuring and continued progress under the International Monetary Fund’s Policy Coordination Instrument (PCI).

Reaffirming its commitment to sound public financial management, the Ministry said the government remains focused on meeting its debt obligations on time while safeguarding long-term fiscal sustainability.

It also expressed appreciation to Ghanaians for their patience, support and confidence as the government works to restore economic stability and strengthen trust in the country’s financial outlook.

Prince Antwi

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