The State of Senegal will proceed on November 25, 2020 to the payment of half-yearly interest and the partial repayment of the capital  of its bond called State of Senegal 6.30% 2015-2025 for an amount of 3.740 billion FCFA (5.610 million euros).

The Senegalese government authorities had successfully launched, between October 30 and November 20, 2015, a bond issue by public offering on the financial market of the West African Monetary Union (WAMU) for an amount of 50 billion FCFA. This operation required the issuance of 5 million bonds at a unit price of 10,000 FCFA.

The objective of this sum collected was to finance, in part, the budget deficit of the State of the year 2015 estimated at 396.2 billion FCFA.

The issuer had committed to pay investors an annual interest rate of 6.30% payable semi-annually over a period of 10 years with one year of deferral and covering the period 2015-2025.

As for the repayment of the capital, it was also programmed semi-annually, after a year of deferral, at the rate of one eighteenth (1/18) of the said capital.

The Senegalese government has so far respected all its commitments, the payment of its debt being regularly ensured by the Central Depository Settlement Bank (DC/BR) via the Management and Intermediation Companies (SGI) and the banks holding accounts approved by the Regional Council of WAEMU public savings and financial markets (CREPMF).