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December 3, 2024

TRENDING NOW: Bassirou Diomaye Faye Elected Fifth President of Senegal on March 24, 2024  🇸🇳

Sydney 29

Senegal: Senegal’s Dollar Bonds Fall As IMF Warns of Fiscal Deterioration

TLDR Senegal’s dollar bonds drop after IMF warns of worsening fiscal outlook, worst performers in Bloomberg’s index of sovereign dollar debt Yields on Senegal’s 2048 notes rise by 14 basis points to 9.78% following political instability and opposition-controlled parliament disbandment IMF highlights economic slowdown, widened fiscal deficit in Senegal, urgent reforms needed for stabilizing public

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