Eurobond Senegal 4.75% 2028: when the market tests Dakar’s financial strength

The curve of the Senegalese eurobond “4.75% maturing in March 2028” published by Cbonds offers a very instructive reading of investors’ perception of risk over the past three months. Between December and mid-February, the bond was generally on an upward trajectory. For the markets, Senegal was then seen as a relatively credible African issuer, comparable…...