Ghana: Statement on the Payment of US$349.52 Million Eurobond Debt Service

 

The Ministry of Finance wishes to officially inform the public that the Government of Ghana has, through the Bank of Ghana, successfully effected a payment of US$349,523,674.56 in respect of Eurobond debt service obligations today, Thursday, 3rd July 2025.

 Since the conclusion of Ghana’s Eurobond debt restructuring in October 2024, the Government of Ghana has cumulatively serviced US$1,174.64 million in Eurobond debt payments as follows:

• In October 2024, the government made an initial payment of US$475.60 million, covering obligations due under the restructuring agreement, including the first post-restructuring debt service.
• In January 2025, the government paid US$349.52 million.
• And now, in July 2025, a further US$349.52 million has been paid

This brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025.

Looking ahead to 2026, a total debt service of US$1,409.06 million is scheduled.

This timely payment reaffirms Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors.

It is expected to:

• Positively influence Ghana’s credit ratings trajectory in the months ahead, as it demonstrates continued discipline in debt servicing post-restructuring.
• Boost investor confidence in Ghana’s sovereign credit profile and economic recovery programme.
• Support foreign exchange market stability, as it has been incorporated into the Bank of Ghana’s reserves and liquidity management strategy.

Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.