Senegal says it will pay Sept. 13 eurobond coupon as IMF‑supervised restructuring begins

On Sept. 13, 2026 Senegal pledged to service a US-dollar eurobond coupon (including on the 2048 bond) while formally launching an IMF‑supervised restructuring of nearly $5bn of eurobonds. Authorities also initiated transfers for the 2048 coupon ahead of the payment date.

Honouring the Sept. 13 coupon reduces immediate default risk for that instalment and may limit short‑term market fallout. However, an IMF‑supervised restructuring of nearly $5bn of eurobonds raises uncertainty over future cash flows and will likely lift term premia and compress liquidity on Senegal’s belly and long‑dated USD sovereign paper, with potential spillovers to WAEMU regional markets.

Confirm actual settlement of the Sept. 13, 2026 eurobond coupon (2048) and the IMF‑organised creditor information session schedule.