Government settles US$700 million Eurobond debt ahead of schedule
ACCRA, 6th July 2026
The Government of Ghana has fully settled its US$700 million Eurobond obligation, the Ministry of Finance has announced.
According to a press release issued by the Ministry on Monday, the payment was made on Thursday, 2nd July 2026, ahead of schedule. The settlement forms part of the government’s efforts to restore debt sustainability and rebuild investor confidence.
The Ministry stated that the total payment of US$700 million comprised US$525.2 million in principal repayments and US$174.8 million in interest payments.
With this latest payment, Ghana has now paid a cumulative total of US$2.1 billion to Eurobond holders since January 2025. These payments are being made under the terms of the Eurobond Debt Exchange Programme, which was agreed with external creditors following Ghana’s debt restructuring. The Ministry emphasized that the payment was made through the government’s planned financing arrangements and did not place 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 release said. Ghana defaulted on most of its external debt in 2022 amid economic challenges. Since then, the government has been implementing fiscal reforms and a debt exchange programme to bring debt levels to sustainable levels and create space for development spending.
The Ministry of Finance further assured that it will continue to implement sound public financial management practices to ensure the timely servicing of all of Ghana’s debt obligations going forward. In the statement, the Ministry also expressed appreciation to the people of Ghana for their patience, support, and confidence during the period of economic adjustment.
Financial analysts say meeting external obligations on time is key to restoring Ghana’s access to international capital markets. The successful payment is also expected to send positive signals to rating agencies and investors monitoring Ghana’s recovery programme.
The government continues to focus on stabilizing the cedi, reducing inflation, and increasing domestic revenue mobilization as part of broader efforts to sustain economic growth.
The press release was signed and issued by the Public Relations Unit of the Ministry of Finance.
Read the full statement below;
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