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Senegal's international bonds rally for second day in a row

ReutersAug 21, 2025 12:53 PM

- Senegal's international bonds rose for the second straight day on Thursday, Tradeweb data showed, as an International Monetary Fund mission arrived in the country.

The 2028 euro-denominated maturity XS1790105180=TE gained the most, adding close to 2 cents to bid at 87.97 cents on the euro.

If the IMF visit goes well, investors are optimistic the Fund could grant Senegal a long-awaited waiver for misreporting debt figures, which could pave the way for a new lending programme.

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