The strongest signal yet of Ghana’s post-restructuring normalisation: in July 2026 the Ministry of Finance transferred US$525.2m principal + US$174.8m interest (US$700m total) to early-retire part of its restructured paper, funded from reserves the Bank of Ghana no longer needed for cedi defence, and framed as trimming debt service while restructured bonds traded above 90 cents on the dollar (from ~40 cents in 2023).
The Common Framework’s fastest default-to-prepayment arc.
Value: US$700m (verified against public announcements).
Advisers: the settlement mechanics ran through the exchange agent and the Ministry’s retained advisers; no new mandates were announced.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
