Government settles US$700 million Eurobond obligation ahead of schedule
ACCRA, Ghana – The Government of Ghana has settled a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says demonstrates the country's commitment to prudent debt management and economic stability. The payment forms part of Ghana's ongoing efforts to meet its external debt obligations under the Eurobond Debt Exchange Programme
<p>The Government of Ghana has successfully settled its US$700 million Eurobond obligation ahead of its due date in what the Ministry of Finance describes as another significant milestone in the country's debt recovery and fiscal management programme.</p><p>In a statement issued on Monday, July 6, the ministry announced that the payment was effected on Thursday, July 2, comprising US$525.2 million in principal repayments and US$174.8 million in interest payments. The payment forms part of Ghana's commitments under the Eurobond Debt Exchange Programme, which was introduced following the country's external debt restructuring.</p><p>The latest settlement increases Ghana's cumulative payments to Eurobond holders to US$2.1 billion since January 2025, reflecting the government's ongoing efforts to honour its external debt obligations while rebuilding confidence among international investors.</p><p>According to the Ministry of Finance, the obligation was settled through the government's planned financing arrangements, ensuring that the transaction did not exert undue pressure on Ghana's foreign exchange reserves.</p><p>The ministry noted that the early payment will help reduce the country's outstanding Eurobond debt, strengthen investor confidence, and further demonstrate the government's commitment to responsible debt management and maintaining macroeconomic stability.</p><p>Finance Minister Cassiel Ato Forson reaffirmed the government's commitment to sound public financial management, stating that authorities will continue implementing policies aimed at ensuring the timely servicing of Ghana's debt obligations while safeguarding economic stability.</p><p>The ministry also expressed appreciation to Ghanaians for their patience, confidence and continued support as government pursues reforms to restore long-term fiscal sustainability and strengthen the country's economic outlook.</p>
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