- Short-term bills attract strongest demand despite near-record yields
- Rising debt forces Senegal deeper into regional markets
DAKAR, SENEGAL — Senegal raised 154 billion CFA francs ($254 million) in a regional bond auction on Friday, accepting higher yields as investor caution intensified over the country’s worsening debt outlook.
The auction, conducted on the West African regional debt market, highlighted growing investor sensitivity to fiscal risk, with demand skewed toward short-term instruments and higher compensation required for longer maturities.
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