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Gov’t pays US$700 million Eurobond, eases debt burden

by The Sikaman Times
July 6, 2026
Dr. Cassiel Ato Forson
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The Government of Ghana has fully settled a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says underscores the country’s commitment to prudent debt management and macroeconomic stability.

In a press release issued on Monday, July 6, 2026, the Ministry disclosed that the payment was completed on Thursday, July 2, 2026, marking another milestone in Ghana’s ongoing efforts to honour its debt obligations under the Eurobond Debt Exchange Programme.

According to the Ministry, 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.

The Ministry explained that the latest repayment was executed through the government’s planned financing arrangements, ensuring that the transaction was completed without placing undue pressure on Ghana’s foreign exchange reserves.

It noted that the payment significantly reduces the country’s outstanding Eurobond debt while strengthening investor confidence in the Ghanaian economy.

“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 statement said.

The Ministry further assured that it would continue implementing sound public financial management practices to guarantee the timely servicing of Ghana’s debt obligations.

It also expressed appreciation to the Ghanaian public for their continued patience, support and confidence throughout the country’s economic recovery efforts.

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