After the government declared, it will stop making payments on Eurobonds, foreign commercial loans, and some bilateral debt, Ghana’s sovereign dollar bonds fell more than 2 cents in value.
According to Tradeweb statistics, the 2027 maturity experienced the worst decline, dropping as much as 2. 3 cents to get bids at 34.739 cents in the dollar. The smallest losses were experienced by a 2030 Eurobond with a partial World Bank guarantee, which dropped 1. 556 cents to 66.9 cents.