In a statement issued in Accra, the Ministry announced that the exchange was settled on July 13, 2026, with a value date of July 10, 2026.
According to the Ministry, the transaction resolves the last outstanding component of Ghana’s sovereign bonded debt restructuring and marks a significant milestone in the country’s efforts to restore debt sustainability.
The Ministry explained that the SADEREA Notes relate to 12.5 per cent Senior Secured Amortising Bonds that were originally issued to finance capital expenditure in Ghana’s health sector.
It disclosed that the original bond issuance amounted to US$253.2 million, of which approximately US$117.8 million in principal remained outstanding as of January 2026.
The successful exchange, the Ministry said, effectively concludes the final unresolved portion of Ghana’s external sovereign bond restructuring process, bringing the broader debt restructuring exercise close to completion.
The Ministry further stated that the development reflects the government’s commitment to restoring debt sustainability, strengthening investor confidence and maintaining macroeconomic stability.
It reiterated that the government would continue to pursue prudent debt management, strengthen public financial management and implement policies aimed at safeguarding long-term macroeconomic stability.
Ghana embarked on a comprehensive debt restructuring programme under the G20 Common Framework after its debt became unsustainable, with the exercise forming a key component of the country’s economic reforms supported by the International Monetary Fund (IMF). The restructuring has involved negotiations with bilateral creditors, commercial lenders and bondholders as part of efforts to restore fiscal stability and return the economy to sustainable growth.
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