Capital

Ethiopia defers Eurobond payment to next fiscal year

By Eyasu Zekarias

The Ethiopian government has officially announced the deferral of its Eurobond debt payment obligations to the next fiscal year. This decision is framed as a core component of a broad macroeconomic reform aimed at shifting the country’s debt distress rating from “High Risk” to “Moderate Risk.”

According to the Ministry of Finance (M*F) , although a partial payment for the $1 billion Eurobond was initially anticipated for the 2025/26 fiscal year, the payment has now been rescheduled. Finance Minister Ahmed Shide clarified that this rescheduling is not a sign of financial instability, but rather a mandatory requirement under the G20 Common Framework.

https://capitalethiopia.com/2026/05/12/ethiopia-defers-eurobond-payment-to-next-fiscal-year/