Business Outlook Africa

Government settles US$700m Eurobond obligation ahead of schedule

The Ministry of Finance has fully settled its Eurobond obligation of US$700 million ahead of schedule.

In a press release dated July 6, 2026, the Ministry stated that the payment which was made on Thursday, July 2, 2026, comprises of US$525.2 million in principal repayments and US$174.8 million in interest payments.

With this latest payment, Ghana has now paid a total of US$2.1 billion to Eurobond holders since January 2025, in accordance with the terms of the Eurobond Debt Exchange Programme.

It further stated that the payment was made through the Government’s planned financing arrangements, without undue pressure on the country’s foreign exchange reserves.

The Ministry noted that the settlement reduces Ghana’s outstanding Eurobond debt, strengthens investor confidence, and demonstrates the Government’s commitment to prudent debt management and macroeconomic stability.

It stated that the Ministry will continue to implement sound public financial management practices to ensure the timely servicing of Ghana’s debt obligations.

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