Government has increased its total payments to Eurobond holders to $2.1 billion after settling a $700 million Eurobond obligation ahead of schedule, marking another significant milestone in Ghana’s external debt servicing programme.
According to sources, the payment was made on Thursday and consisted of $525.2 million in principal and $174.8 million in interest.
The latest settlement was carried out under the terms of Ghana’s Eurobond Debt Exchange Programme, which was introduced as part of efforts to restore debt sustainability and strengthen the country’s public finances.
With this latest payment, Ghana has now honoured $2.1 billion in obligations to Eurobond holders since January 2025, reflecting government’s commitment to meeting its external debt obligations in a timely and orderly manner.
Officials say the payment was financed through the government’s planned funding arrangements, allowing the obligation to be settled without placing undue pressure on the country’s foreign exchange reserves.
The approach forms part of broader efforts to maintain macroeconomic stability while ensuring that debt servicing remains sustainable.
The settlement also reduces Ghana’s outstanding Eurobond debt and is expected to enhance investor confidence in the country’s debt management framework.
Analysts say the government’s ability to meet its debt obligations as scheduled sends a positive signal to international investors and creditors about Ghana’s commitment to fiscal discipline.
Government sources have reiterated that prudent public financial management remains a key priority, stressing that the timely servicing of debt obligations is essential to preserving macroeconomic stability, strengthening investor confidence and supporting the country’s ongoing economic recovery.
CREDIT: MAVIS FANTEVI