Ghana fully settles US$700m Eurobond obligation ahead of schedule
On 2 July 2026 Ghana's Ministry of Finance fully settled a US$700 million Eurobond obligation — US$525.2 million principal and US$174.8 million interest — reducing the country's outstanding Eurobond liabilities and concluding payments under the restructured commercial-creditor programme.
The desk brief
On 2 July 2026 Ghana's Ministry of Finance fully settled a US$700 million Eurobond obligation — US$525.2 million principal and US$174.8 million interest — reducing the country's outstanding Eurobond liabilities and concluding payments under the restructured commercial-creditor programme.
The cash settlement removes a headline maturity risk for the specific 2026 bond and should support secondary-market liquidity and creditor confidence in Ghana’s USD curve. However, broader EM funding costs remain sensitive to global rates and a firmer dollar; higher US Treasury yields could still raise discount rates and limit sustained tightening of Ghana’s external spreads.
IMF Executive Board decision on Ghana's final ECF review and the 36-month PCI, expected around August 2026.
Sources & verification
Developing storyFurther independent confirmation is required.
- Ghana Pays Eurobond Early as Parliament Passes Contentious Revenue Billsriotimesonline.comSource published (opens in a new tab)
- Govt settles $700 million Eurobond debtgraphic.com.gh (opens in a new tab)
Public references supporting this brief.
Price Discovery
Ghana sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Ghana 29Jul 202997.0007.438%
- Ghana 30Jan 203088.7507.374%
- Ghana 35Jul 203588.1258.224%
- Ghana 37Jan 203754.6258.460%
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