Ghana settles US$700 million Eurobond debt ahead of schedule

The Ministry of Finance has announced that the government has fully settled a US$700 million Eurobond obligation ahead of schedule.

The ministry said the payment forms part of government's commitments under the Eurobond Debt Exchange Programme.

In a press release issued on Monday, July 6, the ministry said the payment was made on Thursday, July 2.

The ministry disclosed that the US$700 million payment comprised US$525.2 million in principal repayments and US$174.8 million in interest payments.

It added that Ghana has now paid a total of US$2.1 billion to Eurobond holders since January 2025 in line with the terms of the debt exchange programme.

"On Thursday, 2nd July 2026, the Ministry of Finance fully settled its Eurobond obligation of US$700 million ahead of schedule," the statement read in part.

The ministry further indicated that the payment was executed through government's planned financing arrangements without placing undue pressure on the country's foreign exchange reserves.

"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 noted.

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