Senegal — Sovereign Signal
BT-SFS 41.4/100 · CCC+ · 1605 bps over Treasuries
Score and market snapshot
Senegal trades 1388 bps wide of its fundamentals fit (fitted spread 217 bps).
| Field | Value |
|---|---|
| BT-SFS score | 41.4 / 100 |
| Rank | — |
| Composite rating | CCC+ |
| Agency ratings | Moody's Caa1 · S&P CCC+ |
| Benchmark USD bond | SENEGL 6.25 33 |
| Spread over Treasuries | 1605 bps |
| Yield to worst | 20.20% |
| Duration | 4.1y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 17.4 |
| External | 31.6 |
| Macro | 50.0 |
| Institutions | 72.9 |
The nine metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Current account / GDP | External | -6.2% | 7.3 | IMF | 2026 |
| International reserves, months of imports | External | — | 50.0 | missing | |
| General government debt / GDP | Fiscal | 132.3% | 2.1 | IMF | 2026 |
| Interest expense / revenue | Fiscal | 23.6% | 20.8 | IMF | 2026 |
| Primary balance / GDP | Fiscal | -1.4% | 31.3 | IMF | 2026 |
| WGI institutional composite | Institutions | 0.05 | 72.9 | WGI composite | 2024 |
| Real GDP growth | Macro | 2.2% | 25.0 | IMF | 2026 |
| GDP per capita, USD | Macro | $2,054 | 8.3 | IMF | 2026 |
| Inflation stress | Macro | 2.5% | 100.0 | IMF | 2026 |
Score history
Applying the current methodology to historical sources, Senegal moves from 54.0 in 2016 to 41.4 in 2026 (-12.7 points over ten years).
Default and restructuring registry
No bond default or restructuring events in the registry window.
Frequently asked questions
What is Senegal's sovereign credit score?
Senegal scores 41.4/100 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 Senegal USD bond does BondTerminal track?
SENEGL 6.25 33 (ISIN XS1619155564), the near-5-year USD benchmark, currently 1605 bps over Treasuries with a 20.20% yield to worst.
Is Senegal trading wide or tight of its fundamentals?
Senegal trades 1388 bps wide of its fundamentals fit (fitted spread 217 bps).
Related
- All 51 sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — every metric, weight, and transformation, in public.
- Senegal vs Cote d'Ivoire — 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.