Senegal Eurobonds Fall as Budget Standoff Puts IMF Deal at Risk
Senegal’s dollar bonds weakened after opposition leader Ousmane Sonko threatened to block a revised budget for this year and 2027 spending plan, raising concern this could complicate its debt restructuring...
By Katarina Höije · Bloomberg Markets
Senegal’s dollar bonds weakened after opposition leader Ousmane Sonko threatened to block a revised budget for this year and 2027 spending plan, raising concern this could complicate its debt restructuring and delay a new International Monetary Fund program.