The Government of Ghana has reached the final stage of its external debt restructuring following the successful exchange of its outstanding SADEREA Notes, the Ministry of Finance announced on Monday.

The transaction was settled on July 13, 2026, with a value date of July 10, 2026.

The 12.5% Senior Secured Amortising Bonds were originally issued to finance capital expenditure within Ghana's health sector. Of the original US$253.2 million issuance, approximately US$117.8 million in principal remained outstanding as of January 2026.

According to the Ministry of Finance, the completion of this exchange resolves the last outstanding component of the country's sovereign bonded debt restructuring.

In a statement issued by its Public Relations Unit, the Ministry noted that the milestone underscores the government's commitment to restoring debt sustainability, strengthening investor confidence, and maintaining long-term macroeconomic stability through prudent public financial management.