Senegal is expected to meet its scheduled Eurobond repayments in March 2026, with government sources indicating that sufficient funding has been secured to cover obligations estimated at nearly $480 million, as reported by MarketScreener.
According to Reuters, the anticipated payments will be supported by stronger tax revenues, including corporate income tax, personal income tax, value added tax and dividend taxes. In addition, Senegal has raised substantial financing on the regional debt market this year. Figures cited in the report show the country mobilised about 510 billion CFA francs, approximately $922 million, through regional issuances.
The payments come at a sensitive time for Dakar following revelations of previously undisclosed borrowings that pushed public debt levels higher than earlier estimates. The situation prompted the International Monetary Fund to suspend a $1.8 billion lending programme while discussions continue with authorities.
Sources familiar with the matter told Reuters that despite the fiscal pressures, Senegal is positioned to honour its March Eurobond commitments on schedule, signalling an effort by the government to maintain credibility in international capital markets.
