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# Ethiopia: agreement in principle in place, Eurobond exchange still pending
- URL: https://www.sovereigncreditorreview.com/ethiopia-eurobond-exchange-pending/
- Published: 2026-10-14T16:00:00.000Z
- Updated: 2026-10-18T16:54:08.000Z
- Description: The 14 October GSDR report shows the bond exchange still pending, after the August comparability-of-treatment finding on the June agreement.
- Author: Sovereign Creditor Review Staff
- Tags: Ethiopia, Restructurings, #scr-import, #Import 2026-10-18 16:18

**Status:** Exchange pending · **Date:** 14 October 2026 · **Country:** [Ethiopia](https://www.sovereigncreditorreview.com/ethiopia/) · **Topic:** [Restructurings](https://www.sovereigncreditorreview.com/restructurings/)

The 14 October GSDR report identifies Ethiopia’s bond exchange as still pending. The August official-creditor assessment cleared a comparability-of-treatment hurdle for the June agreement in principle; it did not itself complete the exchange.

### Sources

- [World Bank · 7th GSDR progress report](https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099536310132623002?ref=sovereigncreditorreview.com)
- [Ethiopia MoF · comparability-of-treatment update](https://www.mofed.gov.et/blog/ethiopia-announces-favourable-comparability-of-treatment-assessment-of-official-creditor-committee-regarding-agreed-terms-of-eurobond-restructuring/?ref=sovereigncreditorreview.com)