Ghana clears $700 million Eurobond payment ahead of schedule as debt recovery gathers pace

Ghana has fully settled a $700 million Eurobond obligation ahead of schedule, marking another step in the country’s efforts to restore investor confidence and strengthen public finances after its debt crisis.

According to a statement issued by Ghana’s Ministry of Finance on Monday, the payment was completed on Thursday, July 2, 2026, and covered $525.2 million in principal repayments and $174.8 million in interest.

Read also: ghana-inflation-rises-to-5-3-as-pressure-builds-on-central-bank-to-hold-rates

The ministry said the latest settlement brings the total amount paid to Eurobond holders since January 2025 to $2.1 billion, in line with the country’s Eurobond Debt Exchange Programme.

“The Ministry of Finance fully settled its Eurobond obligation of US$700 million ahead of schedule,” the statement said.

According to the ministry, the payment was financed through the government’s planned funding arrangements, allowing it to meet the obligation without placing undue pressure on Ghana’s foreign exchange reserves.

Read also: accra-at-a-glance

Officials said the early repayment reduces the country’s outstanding Eurobond debt, strengthens investor confidence and reflects the government’s commitment to prudent debt management and macroeconomic stability.

“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 ministry said.

The government added that it would continue to pursue sound public financial management to ensure all future debt obligations are serviced on time.

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

Read also: ghanas-economy-grows-6-4-in-first-quarter-as-recovery-gathers-pace

Ghana has been working to rebuild its economy and regain access to international capital markets after restructuring its debt under an international support programme.

The latest repayment is expected to reassure investors that the country remains committed to meeting its financial obligations while maintaining economic stability.