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Senegal’s bonds fall more than 2 cents to fresh four-month low – Tradeweb

Senegal’s international bonds dropped on Wednesday by as much as 2.5 cents to reach a new four-month low, Tradeweb data showed.

The 2028 euro-denominated maturity (XS1790105180=TE) fell the most, shedding more than 2.6 cents to bid at 76.35 cents on the euro.

The bonds, under pressure from concern over high debt levels and a still-pending loan from the International Monetary Fund, were on track for their fifth straight trading day of losses.

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