Senegal Joins JPMorgan List of African Frontiers Set For New Bond Index
Senegal has been included in a new frontier-markets bond index introduced by JPMorgan Chase & Co. The move comes as the nation manages a $2.2 billion IMF bailout and seeks to restructure its sovereign debt amid ongoing financial challenges.
Senegal, the cash-strapped nation that recently agreed a $2.2 billion bailout from the International Monetary Fund and is seeking to rework its debts, is among African sovereigns included in a new frontier-markets bond index being introduced by JPMorgan Chase & Co.
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