The Government of Ghana has announced the successful exchange of the outstanding SADEREA Notes, bringing the country closer to the completion of its external debt restructuring programme.
According to the Ministry of Finance, the exchange was settled on Monday, July 13, 2026, with a value date of July 10, 2026, marking the final outstanding component of Ghana’s sovereign bonded debt restructuring.
The Ministry described the development as a major milestone in the country’s economic recovery efforts, noting that it will help restore debt sustainability, improve investor confidence, and support macroeconomic stability.
The SADEREA Notes, which were issued to finance capital expenditure in Ghana’s health sector, were originally valued at US$253.2 million.
However, approximately US$117.8 million in principal remained outstanding as of January 2026.
The Ministry of Finance said the completion of the exchange demonstrates government’s commitment to prudent debt management and responsible public financial management.
It added that the government will continue implementing policies aimed at safeguarding long-term economic stability and strengthening confidence in Ghana’s financial outlook.
The successful exchange represents another key step in Ghana’s broader efforts to restructure its debt obligations and restore fiscal sustainability.
