Gabon dollar bonds have returned 19.5% in 2026 after an IMF-backed audit cut its debt estimate, while Senegal's spread widened to 1,541 basis points.
GABON · MARKETS
Key Facts
—The return: Gabon’s dollar bonds have returned 19.5% so far in 2026, among the best performances in emerging-market sovereign debt, according to Bloomberg.
—The reason: An IMF-supported audit found Gabon’s debt burden lower than previously estimated. That eased fears a restructuring would be needed before new IMF money.
—The spread: Gabon’s sovereign spread has narrowed to about 608 basis points over US Treasuries on JPMorgan’s index.
Gabon's dollar-denominated bonds have returned 19.5 percent so far this year, according to Bloomberg.
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