Ghana settles $700 million Eurobond debt ahead of schedule

Africa, Economy & Policy

ACCRA, Ghana (NPA) — Ghana’s Ministry of Finance has announced the full settlement of a $700 million Eurobond debt obligation ahead of schedule, marking another milestone in the country’s debt servicing programme.

In a statement issued on Monday, the ministry said the payment comprised $525.2 million in principal repayments and $174.8 million in interest payments.

According to the ministry, the latest payment brings Ghana’s total Eurobond debt servicing to $2.1 billion since January 2025, in line with the terms of the country’s Eurobond Debt Exchange Programme.

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The ministry said the payment was executed through the government’s planned financing arrangements without placing undue pressure on Ghana’s foreign exchange reserves.

It noted that the settlement would reduce the country’s outstanding Eurobond debt, strengthen investor confidence and reinforce the government’s commitment to prudent debt management and macroeconomic stability.

“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 said.

The ministry also expressed appreciation to Ghanaians for their continued patience, support and confidence as the government pursues its economic recovery and debt sustainability agenda.