Connect with us

Hi, what are you looking for?

Ghana AbrewaGhana Abrewa

News

Ghana Fully Settles US$700m Eurobond Ahead of Schedule

The Government of Ghana has announced the full settlement of a US$700 million Eurobond obligation ahead of its maturity date, marking another significant step in the country’s ongoing debt management programme.

According to the Ministry of Finance, the payment was completed on Thursday, 2nd July 2026, and comprised US$525.2 million in principal repayment and US$174.8 million in interest.

“The payment consisted of US$525.2 million in principal repayments and US$174.8 million in interest payments,” the Ministry stated in its update.

With this latest transaction, Ghana has now paid a total of US$2.1 billion to Eurobond holders since January 2025 under the Eurobond Debt Exchange Programme.

The ministry explained that the payment was made through planned government financing arrangements, without placing undue pressure on the country’s foreign exchange reserves.

“The payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves,” the statement noted.

The Ministry further indicated that the early settlement is expected to reduce Ghana’s outstanding Eurobond exposure, strengthen investor confidence, and signal continued commitment to prudent debt management and macroeconomic stability.

The government intends to maintain disciplined public financial management practices to ensure the timely servicing of all debt obligations going forward.

“The Ministry will continue to implement sound public financial management practices to ensure the timely servicing of Ghana’s debt obligations,” it added.

In conclusion, the Ministry of Finance expressed appreciation to Ghanaians for their patience and continued support throughout the country’s fiscal consolidation efforts.

“The Ministry expresses its gratitude to the people of Ghana for their continued patience, support, and confidence.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Sports

Tomorrow the World Cup starts, but it won’t feel like the tournaments we grew up on. No slow build. No eight neat groups. No...

Sports

Three Countries, Three Stages, One World Cup For nearly a century, the World Cup began the same way. One host nation. One stadium. One...

News

The Presidency has announced that Ministers of State and Chief Executive Officers (CEOs) of state institutions will undergo a comprehensive performance review that could...

News

The President of the Komfo Anokye Doctors Association (KADA), Dr Michael Leat, has revealed that efforts to resolve the ongoing strike at the Komfo...