Finance Ministry Delivers: US$700 Million Eurobond Settled Ahead of Schedule

The Ministry of Finance has delivered on a major debt commitment, settling a US$700 million Eurobond obligation in full and ahead of its due date on Thursday, 2nd July 2026.

The early repayment signals Ghana’s steadfast adherence to prudent debt management and marks a critical step forward in restoring robust investor confidence.

The settlement comprised US$525.2 million in principal repayments and US$174.8 million in interest payments.

According to an official release from the Ministry, this latest transaction brings Ghana’s total payments to Eurobond holders to US$2.1 billion since January 2025, in strict adherence to the terms of the Eurobond Debt Exchange Programme.

Crucially, the payment was executed through the government’s planned financing arrangements, ensuring that it did not place undue pressure on the nation’s foreign exchange reserves.

This careful financial planning underscores the government’s strategy to meet its external obligations while maintaining macroeconomic stability.

“With this latest payment, we are not only reducing Ghana’s outstanding Eurobond debt but also sending a clear signal to the international investment community about our unwavering dedication to sound public financial management,” a statement from the Ministry of Finance read. “This achievement strengthens investor confidence and demonstrates the government’s commitment to macroeconomic stability.”

The settlement is a key component of the government’s broader strategy to overcome the debt challenges that have faced the nation.

In October 2024, the government reached an agreement in principle with international bondholders to swap at least US$13 billion in outstanding Eurobond debt for new Ghana government notes, a move designed to provide long-term relief and sustainability.

The Ministry of Finance has reaffirmed its dedication to implementing robust public financial management practices to ensure the timely servicing of all future debt obligations. This proactive approach is seen as vital for rebuilding fiscal buffers and sustainably financing the country’s development goals.

In its concluding remarks, the Ministry expressed profound gratitude to the Ghanaian people for their continued patience, support, and confidence throughout this challenging period of economic reform.