Benin government bonds
Benin's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| USD Emerging markets, US-dollar bonds | vs US Treasuries | 4 | 284 bp | 282 bp | 21.1% | +24 bp | 7.59% | $127.7M |
| EUR Euro bonds of non-euro countries | vs German Bunds | 4 | 291 bp | 291 bp | 21.5% | -6 bp | 6.06% | $12.4M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
USD spread history
Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.
EUR spread history
Median spread vs German Bunds, month-ends with complete filings. Fund-reported.
Benin's EUR curve
Yield to maturity of each EUR bond US funds hold (4 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Benin's USD curve
Yield to maturity of each USD bond US funds hold (6 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Benin's debt
Fund series holding Benin's government and government-related bonds in their latest quarterly report: 168 now, 164 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| MFS Emerging Markets Debt Fund | 2026-07-31 | 5 | $37.6M | $38.4M |
| VANGUARD EMERGING MARKETS BOND FUND | 2026-06-30 | 2 | $22.7M | $24.5M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | 1 | $22.8M | $24.3M |
| American Beacon Developing World Income Fund | 2026-07-31 | 5 | $23.0M | $24.2M |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 1 | $22.7M | $23.5M |
| American Funds Emerging Markets Bond Fund | 2026-06-30 | 2 | $19.9M | $21.2M |
| Templeton Emerging Markets Income Fund | 2026-06-30 | 3 | $13.0M | $14.2M |
| Artisan Global Unconstrained Fund | 2026-06-30 | 3 | $13.0M | $14.1M |
| Fidelity New Markets Income Fund | 2026-06-30 | 3 | $12.8M | $13.4M |
| New World Fund Inc | 2026-07-31 | 1 | $12.8M | $13.3M |
| BlackRock Strategic Income Opportunities Portfolio | 2026-06-30 | 3 | $11.8M | $12.4M |
| VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 5 | $10.6M | $10.9M |
| Nuveen Core Plus Impact Fund | 2026-06-30 | 1 | $10.0M | $10.8M |
| JPMorgan Global Bond Opportunities Fund | 2026-05-31 | 2 | $10.0M | $10.5M |
| JPMorgan Income Fund | 2026-05-31 | 1 | $8.1M | $8.6M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | 1 | $8.0M | $8.5M |
| T. Rowe Price International Bond Fund (USD Hedged) | 2026-06-30 | 1 | $6.9M | $7.4M |
| Strategic Advisers Fidelity Core Income Fund | 2026-05-31 | 3 | $6.9M | $7.2M |
| Fidelity Emerging Markets Debt Central Fund | 2026-06-30 | 2 | $6.6M | $7.1M |
| Fidelity Series Emerging Markets Debt Fund | 2026-06-30 | 3 | $5.7M | $6.0M |
ETFs holding Benin's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 1 | $23.5M | 0.16% |
| VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 5 | $10.9M | 0.16% |
| JPIB JPMorgan International Bond Opportunities ETF | 2026-05-31 | 2 | $4.7M | 0.23% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $4.0M | 0.04% |
| JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF | 2026-07-31 | 3 | $3.3M | 0.76% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $2.6M | 0.01% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $1.9M | 0.01% |
| JFLX JPMorgan Flexible Debt ETF | 2026-05-31 | 2 | $1.7M | 0.13% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 2 | $1.7M | 0.01% |
| EMHY iShares J.P. Morgan EM High Yield Bond ETF | 2026-07-31 | 1 | $1.7M | 0.27% |
| GTO Invesco Total Return Bond ETF | 2026-07-31 | 1 | $1.6M | 0.06% |
| VPLS VANGUARD CORE-PLUS BOND ETF | 2026-06-30 | 2 | $535K | 0.03% |
| VGMS VANGUARD MULTI-SECTOR INCOME BOND ETF | 2026-06-30 | 2 | $429K | 0.18% |
| JSCP JPMorgan Short Duration Core Plus ETF | 2026-05-31 | 1 | $422K | 0.03% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $270K | 0.06% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.