Prime News Ghana

Gov't settles $700 million Eurobond obligation ahead of schedule

By Vincent Ashitey
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The Government of Ghana has announced the successful settlement of a US$700 million Eurobond obligation, completing the payment ahead of schedule as part of its ongoing debt management strategy.

A statement issued by the Ministry of Finance on Monday, July 6, said the payment was made on July 2, 2026, and covered US$525.2 million in principal and US$174.8 million in interest.

According to the Ministry, the latest transaction increases Ghana's total payments to Eurobond holders under the Eurobond Debt Exchange Programme to US$2.1 billion since January 2025.

It explained that the obligation was settled through planned financing arrangements, allowing the government to meet its commitments without placing undue strain on the country's foreign exchange reserves.

The Ministry said the early payment reflects the government's commitment to responsible debt management and is expected to further reduce Ghana's outstanding Eurobond liabilities while reinforcing investor confidence in the economy.

It added that the government remains focused on maintaining macroeconomic stability through prudent public financial management and ensuring that all debt obligations are serviced on time.

The Ministry also thanked Ghanaians for their continued support and confidence as the country works to strengthen its economic recovery.