NAIROBI, May 5 (Reuters) – Senegal’s international bonds dropped by as much as 1.2 cents on Tuesday after President Bassirou Diomaye Faye said the ruling party is on a path that could lead to its downfall.
The 2031 maturity was being bid for 59.00 cents on the dollar, having shed 1.245 cents, Tradeweb data showed. Faye said over the weekend that the ruling Pastef party risked collapse if its supporters do not change course but added that the party’s leader, Prime Minister Ousmane Sonko, will remain in his post if he keeps “doing his job properly”.
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