Senegal’s June 2031 Eurobond trades at record low ~50.4 cents ahead of IMF update

On September 1, 2026, Senegal’s dollar Eurobond maturing June 2031 fell to about 50.4 cents on the dollar — its lowest recorded level — as investors positioned ahead of an IMF mission statement and weighed prospects for renewed support or a potential debt restructuring.

The decline reflects heightened refinancing and restructuring risk: weaker bond prices signal investors pricing greater probability of official conditionality, waivers or a restructuring path that could change recovery prospects for creditors. If the IMF provides a waiver and a clear path to financing, bonds could recover; absent that, lower prices may cement higher expected losses and complicate future market access.

IMF mission statement concluding the Dakar visit and any waiver decision (next public IMF release).