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Bonds · Sovereign

Senegal government bonds

Senegal'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

BondsMeasured againstCountSpread10-year spreadPriced-in 5y odds1-month changeMedian yieldHeld by US funds
USD Emerging markets, US-dollar bonds vs US Treasuries4 1447 bp —70.0% +30 bp18.91% $131.9M
EUR Euro bonds of non-euro countries vs German Bunds2 n/a —— —— $16.3M

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.

386 bp917 bp1447 bpJan 2021Jul 20262021-01-31: 396 bp2021-02-28: 411 bp2021-03-31: 452 bp2021-04-30: 396 bp2021-05-31: 386 bp2021-06-30: 400 bp2021-07-31: 418 bp2021-08-31: 400 bp2021-09-30: 432 bp2021-10-31: 424 bp2021-11-30: 458 bp2021-12-31: 438 bp2022-01-31: 441 bp2022-02-28: 528 bp2022-03-31: 482 bp2022-04-30: 496 bp2022-05-31: 509 bp2022-06-30: 666 bp2022-07-31: 635 bp2022-08-31: 619 bp2022-09-30: 663 bp2022-10-31: 630 bp2022-11-30: 530 bp2022-12-31: 526 bp2023-01-31: 468 bp2023-02-28: 514 bp2023-03-31: 574 bp2023-04-30: 617 bp2023-05-31: 592 bp2023-06-30: 503 bp2023-07-31: 446 bp2023-08-31: 497 bp2023-09-30: 506 bp2023-10-31: 485 bp2023-11-30: 448 bp2023-12-31: 387 bp2024-01-31: 435 bp2024-02-29: 481 bp2024-03-31: 444 bp2024-04-30: 421 bp2024-05-31: 434 bp2024-06-30: 460 bp2024-07-31: 463 bp2024-08-31: 462 bp2024-09-30: 512 bp2024-10-31: 545 bp2024-11-30: 487 bp2024-12-31: 562 bp2025-01-31: 502 bp2025-02-28: 588 bp2025-03-31: 684 bp2025-04-30: 815 bp2025-05-31: 749 bp2025-06-30: 923 bp2025-07-31: 704 bp2025-08-31: 728 bp2025-09-30: 791 bp2025-10-31: 817 bp2025-11-30: 1115 bp2025-12-31: 1213 bp2026-01-31: 1226 bp2026-02-28: 1116 bp2026-03-31: 1409 bp2026-04-30: 1300 bp2026-05-31: 1447 bp2026-06-30: 1417 bp2026-07-31: 1447 bp

EUR spread history

Median spread vs German Bunds, month-ends with complete filings. Fund-reported.

446 bp2552 bp4657 bpJan 2021Jun 20262021-01-31: 446 bp2021-03-31: 501 bp2021-04-30: 455 bp2021-06-30: 452 bp2021-07-31: 468 bp2021-08-31: 485 bp2021-09-30: 452 bp2021-10-31: 476 bp2021-11-30: 598 bp2021-12-31: 493 bp2022-01-31: 504 bp2022-02-28: 709 bp2022-03-31: 498 bp2022-04-30: 526 bp2022-05-31: 622 bp2022-06-30: 808 bp2022-07-31: 836 bp2022-08-31: 758 bp2022-09-30: 750 bp2022-10-31: 699 bp2022-11-30: 691 bp2022-12-31: 551 bp2023-01-31: 532 bp2023-02-28: 574 bp2023-03-31: 722 bp2023-04-30: 704 bp2023-05-31: 781 bp2023-06-30: 665 bp2023-07-31: 512 bp2023-08-31: 730 bp2023-09-30: 680 bp2023-10-31: 593 bp2023-11-30: 714 bp2023-12-31: 578 bp2024-01-31: 516 bp2024-02-29: 684 bp2024-03-31: 542 bp2024-04-30: 472 bp2024-05-31: 623 bp2024-06-30: 457 bp2024-07-31: 473 bp2024-09-30: 503 bp2024-10-31: 512 bp2024-12-31: 636 bp2025-01-31: 524 bp2025-02-28: 727 bp2025-03-31: 770 bp2025-04-30: 954 bp2025-05-31: 805 bp2025-06-30: 1066 bp2025-07-31: 889 bp2025-08-31: 773 bp2025-09-30: 835 bp2025-10-31: 920 bp2025-12-31: 2198 bp2026-03-31: 3125 bp2026-06-30: 4657 bp

Senegal's USD curve

Yield to maturity of each USD bond US funds hold (4 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.

13.99%16.45%18.92%0y11y22yRepublic of Senegal 6.25 2033-05-23: 18.91%Republic of Senegal 6.25 2033-05-23: 18.92%Republic of Senegal 6.75 2048-03-13: 13.99%

Who holds Senegal's debt

Fund series holding Senegal's government and government-related bonds in their latest quarterly report: 99 now, 102 a quarter earlier. Names as reported in the filings.

Fund seriesReportBondsFace valueValue
TCW Emerging Markets Income Fund2026-07-31 2$106.5M$56.8M
iShares J.P. Morgan USD Emerging Markets Bond ETF2026-07-31 3$66.3M$34.7M
American Funds Multi-Sector Income Fund2026-06-30 5$58.8M$31.7M
T. Rowe Price Emerging Markets Bond Fund2026-06-30 4$42.5M$25.3M
American Funds Emerging Markets Bond Fund2026-06-30 6$41.5M$24.1M
American Beacon Developing World Income Fund2026-07-31 5$37.6M$21.0M
PIMCO Emerging Markets Bond Fund2026-06-30 6$25.7M$15.4M
VANGUARD EMERGING MARKETS BOND FUND2026-06-30 1$22.0M$11.4M
GMO Emerging Country Debt Fund2026-05-31 2$17.2M$8.9M
Fidelity New Markets Income Fund2026-06-30 3$15.8M$8.5M
VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND2026-07-31 3$15.7M$8.2M
AB HIGH INCOME FUND INC2026-07-31 3$13.0M$7.1M
Capital Group Core Plus Income ETF2026-06-30 1$12.2M$6.4M
Mercer Opportunistic Fixed Income Fund2026-06-30 5$11.1M$6.2M
American Funds Strategic Bond Fund2026-06-30 1$11.0M$5.7M
Six Circles Credit Opportunities Fund2026-06-30 3$10.2M$5.7M
PIMCO Diversified Income Fund2026-06-30 4$10.1M$5.6M
PIMCO Multisector Bond Active Exchange-Traded Fund2026-06-30 1$9.0M$4.9M
Strategic Advisers Fidelity Core Income Fund2026-05-31 3$8.6M$4.6M
BlackRock Strategic Income Opportunities Portfolio2026-06-30 1$5.9M$3.7M

ETFs holding Senegal's bonds

From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.

ETFReportBondsValue% of net assets
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF 2026-07-313$34.7M 0.24%
VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND 2026-07-313$8.2M 0.12%
CGCP Capital Group Core Plus Income ETF 2026-06-301$6.4M 0.08%
XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF 2026-07-312$2.4M 0.28%
EMHY iShares J.P. Morgan EM High Yield Bond ETF 2026-07-313$2.3M 0.37%
IUSB iShares Core Universal USD Bond ETF 2026-07-313$1.8M 0.00%
EMBX VanEck Emerging Markets Bond ETF 2026-06-301$1.5M 0.60%
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF 2026-07-313$1.1M 0.26%
FBND Fidelity Total Bond ETF 2026-05-312$603K 0.00%
EMHC State Street(R) SPDR(R) Bloomberg Emerging Markets USD Bond ETF 2026-06-303$476K 0.18%
SYFI AB Short Duration High Yield ETF 2026-05-312$466K 0.05%
EMBD Global X Emerging Markets Bond ETF 2026-05-311$418K 0.16%
NFLT Virtus Newfleet Multi-Sector Bond ETF 2026-07-311$176K 0.04%
ISTB iShares Core 1-5 Year USD Bond ETF 2026-07-311$107K 0.00%
GEMD Goldman Sachs Access Emerging Markets USD Bond ETF 2026-05-311$107K 0.32%

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.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms