Senegal — Sovereign Signal
BT-SFS 41.1/100 · CCC− · 1678bps over Treasuries
Score and market snapshot
Senegal trades 1461bps wide of its fundamentals fit (fitted spread 217bps).
| Field | Value |
|---|---|
| BT-SFS | 41.1 / 100 |
| Rank | 35 of 51 |
| Composite rating | CCC− |
| Agency ratings | Moody's Caa2 · S&P CC |
| Benchmark USD bond | SENEGL 6.25 33 |
| Spread over Treasuries | 1678bps |
| Yield to worst (S.A.) | 21.81% |
| Duration | 3.8y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 17.1 |
| External | 42.3 |
| Macro | 43.9 |
| Institutions | 68.9 |
The ten metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Reserves, months of imports | External | 7.3 mo | 42.3 | IMF | 2026 |
| General government debt / GDP | Fiscal | 132.3% | 0.0 | IMF | 2026 |
| FX public debt / GDP | Fiscal | 80.1% | 0.0 | World Bank/IMF QPSD | 2026 |
| Net interest / revenue | Fiscal | 23.6% | 30.3 | IMF | 2026 |
| Primary balance / GDP | Fiscal | -1.4% | 43.8 | IMF | 2026 |
| Governance (WGI GE + RQ) | Institutions | 54.2 | 48.2 | WGI | 2025 |
| Inflation track record | Institutions | 2.4% | 99.8 | IMF | 1997–2026 (h=10) |
| Real GDP growth, centred 3-year | Macro | 4.1% | 57.8 | IMF | 2025–2027 |
| GDP per capita, USD | Macro | $2,054 | 13.9 | IMF | 2026 |
| Growth volatility, 10-year | Macro | 1.9pp | 74.7 | IMF | 2016–2025 |
Score history
Applying the current methodology to historical sources, Senegal moves from 46.9 in 2016 to 41.1 in 2026 (-5.8 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 41.1/100 on the BT Sovereign Fundamentals Score, ranking 35 of 51 sovereigns covered. The score is built from ten 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 1678bps over Treasuries with a 21.81% yield to worst (S.A.).
Is Senegal trading wide or tight of its fundamentals?
Senegal trades 1461bps wide of its fundamentals fit (fitted spread 217bps).