Senegal's Bonds Surge as Faye Secures Presidency

By
Adama Diouf
1 min read

Senegal’s sovereign dollar-bonds have outperformed in emerging markets, with a remarkable rally following the victory of Bassirou Diomaye Faye in the presidential race. The price of Senegal’s bonds due in 2048 experienced a significant surge, marking the highest in over two weeks. This performance showcases a notable uptrend in confidence and investor sentiment towards Senegal's economic and political stability.

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