Cote d'Ivoire — Sovereign Signal
BT-SFS 51.5/100 · BB · 213 bps over Treasuries
Score and market snapshot
Cote d'Ivoire trades 61 bps wide of its fundamentals fit (fitted spread 152 bps).
| Field | Value |
|---|---|
| BT-SFS score | 51.5 / 100 |
| Rank | — |
| Composite rating | BB |
| Agency ratings | Moody's Ba2 · S&P BB · Fitch BB |
| Benchmark USD bond | IVYCST 6.125 33 |
| Spread over Treasuries | 213 bps |
| Yield to worst | 6.28% |
| Duration | 4.9y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 55.3 |
| External | 50.0 |
| Macro | 73.1 |
| Institutions | 31.3 |
The nine metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Current account / GDP | External | -1.1% | 50.0 | IMF | 2026 |
| International reserves, months of imports | External | — | 50.0 | missing | |
| General government debt / GDP | Fiscal | 55.1% | 62.5 | IMF | 2026 |
| Interest expense / revenue | Fiscal | 15.7% | 43.8 | IMF | 2026 |
| Primary balance / GDP | Fiscal | -0.3% | 60.4 | IMF | 2026 |
| WGI institutional composite | Institutions | -0.39 | 31.3 | WGI composite | 2024 |
| Real GDP growth | Macro | 6.2% | 97.9 | IMF | 2026 |
| GDP per capita, USD | Macro | $3,313 | 12.5 | IMF | 2026 |
| Inflation stress | Macro | 1.8% | 100.0 | IMF | 2026 |
Score history
Applying the current methodology to historical sources, Cote d'Ivoire moves from 51.4 in 2016 to 51.5 in 2026 (+0.1 points over ten years).
Default and restructuring registry
No bond default or restructuring events in the registry window.
Frequently asked questions
What is Cote d'Ivoire's sovereign credit score?
Cote d'Ivoire scores 51.5/100 on the BT Sovereign Fundamentals Score. The score is built from nine public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Cote d'Ivoire USD bond does BondTerminal track?
IVYCST 6.125 33 (ISIN XS1631415400), the near-5-year USD benchmark, currently 213 bps over Treasuries with a 6.28% yield to worst.
Is Cote d'Ivoire trading wide or tight of its fundamentals?
Cote d'Ivoire trades 61 bps wide of its fundamentals fit (fitted spread 152 bps).
Related
- All 51 sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — every metric, weight, and transformation, in public.
- Cote d'Ivoire vs Senegal — fundamentals and spreads head to head.
- Benin — regional peer, BT-SFS 49.8 · 293 bps.
- Zambia — regional peer, BT-SFS 25.0 · 230 bps.
- Kenya — regional peer, BT-SFS 33.5 · 364 bps.