African Eurobonds

Yield curves at the close, 26 October 2026

Mon, 26 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 26 October 2026.

10-year curve level: Egypt USD 9.72%; South Africa USD 7.07%; Nigeria USD 8.34%; Kenya USD 10.34%; Angola USD 10.62%; Côte d’Ivoire USD 7.83%; Morocco EUR 5.55%; Morocco USD 6.58%; Côte d’Ivoire EUR 6.97%; OCP USD 7.38%; Benin EUR 7.30%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 23 October 2026

Fri, 23 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 23 October 2026.

10-year curve level: Egypt USD 9.65%; South Africa USD 7.06%; Nigeria USD 8.33%; Kenya USD 10.30%; Angola USD 10.59%; Côte d’Ivoire USD 7.81%; Morocco EUR 5.54%; Morocco USD 6.58%; Côte d’Ivoire EUR 6.95%; OCP USD 7.38%; Benin EUR 7.27%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 22 October 2026

Thu, 22 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 22 October 2026.

10-year curve level: Egypt USD 9.54%; South Africa USD 7.05%; Nigeria USD 8.29%; Kenya USD 10.24%; Angola USD 10.58%; Côte d’Ivoire USD 7.81%; Morocco EUR 5.55%; Morocco USD 6.58%; Côte d’Ivoire EUR 6.94%; OCP USD 7.37%; Benin EUR 7.25%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

New issue: Gabon 9.375% 2034 (XS3517332253)

Wed, 21 Oct 2026 00:00:00 +0000

New issue: Gabon 9.375% 2034 (XS3517332253), issued 21 October 2026, USD, maturing 21 October 2034.

Terms and source document. Information only, not an offer or advice.

Yield curves at the close, 21 October 2026

Wed, 21 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 21 October 2026.

10-year curve level: Egypt USD 9.40%; South Africa USD 7.03%; Nigeria USD 8.28%; Kenya USD 10.20%; Angola USD 10.49%; Côte d’Ivoire USD 7.79%; Morocco EUR 5.51%; Morocco USD 6.56%; Côte d’Ivoire EUR 6.91%; OCP USD 7.37%; Benin EUR 7.22%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 20 October 2026

Tue, 20 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 20 October 2026.

10-year curve level: Egypt USD 9.50%; South Africa USD 7.10%; Nigeria USD 8.32%; Kenya USD 10.30%; Angola USD 10.56%; Côte d’Ivoire USD 7.81%; Morocco EUR 5.51%; Morocco USD 6.57%; Côte d’Ivoire EUR 6.94%; OCP USD 7.35%; Benin EUR 7.23%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 19 October 2026

Mon, 19 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 19 October 2026.

10-year curve level: Egypt USD 9.41%; South Africa USD 7.05%; Nigeria USD 8.35%; Kenya USD 10.17%; Angola USD 10.38%; Côte d’Ivoire USD 7.74%; Morocco EUR 5.47%; Morocco USD 6.53%; Côte d’Ivoire EUR 6.85%; OCP USD 7.30%; Benin EUR 7.17%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 16 October 2026

Fri, 16 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 16 October 2026.

10-year curve level: Egypt USD 9.27%; South Africa USD 7.02%; Nigeria USD 8.25%; Kenya USD 10.00%; Angola USD 10.22%; Côte d’Ivoire USD 7.70%; Morocco EUR 5.45%; Morocco USD 6.49%; Côte d’Ivoire EUR 6.80%; OCP USD 7.26%; Benin EUR 7.12%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 15 October 2026

Thu, 15 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 15 October 2026.

10-year curve level: Egypt USD 9.27%; South Africa USD 7.05%; Nigeria USD 8.28%; Kenya USD 9.94%; Angola USD 10.29%; Côte d’Ivoire USD 7.76%; Morocco EUR 5.46%; Morocco USD 6.52%; Côte d’Ivoire EUR 6.82%; OCP USD 7.29%; Benin EUR 7.15%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 14 October 2026

Wed, 14 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 14 October 2026.

10-year curve level: Egypt USD 9.26%; South Africa USD 7.19%; Nigeria USD 8.34%; Kenya USD 9.81%; Angola USD 10.33%; Côte d’Ivoire USD 7.82%; Morocco EUR 5.53%; Morocco USD 6.63%; Côte d’Ivoire EUR 6.87%; OCP USD 7.37%; Benin EUR 7.16%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 13 October 2026

Tue, 13 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 13 October 2026.

10-year curve level: Egypt USD 9.20%; South Africa USD 7.18%; Nigeria USD 8.36%; Kenya USD 9.77%; Angola USD 10.32%; Côte d’Ivoire USD 7.79%; Morocco EUR 5.52%; Morocco USD 6.61%; Côte d’Ivoire EUR 6.84%; OCP USD 7.38%; Benin EUR 7.12%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

Yield curves at the close, 12 October 2026

Mon, 12 Oct 2026 00:00:00 +0000

This site’s fitted yield curves for 14 African Eurobond issuers at the close of 12 October 2026.

10-year curve level: Egypt USD 9.28%; South Africa USD 7.25%; Nigeria USD 8.43%; Kenya USD 9.87%; Angola USD 10.47%; Côte d’Ivoire USD 7.88%; Morocco EUR 5.56%; Morocco USD 6.66%; Côte d’Ivoire EUR 6.89%; OCP USD 7.42%; Benin EUR 7.14%.

All tenors, 2 to 30 years. Model outputs for information only: not quotations, not advice.

S&P affirmed Egypt at B, outlook Stable

Fri, 09 Oct 2026 00:00:00 +0000

S&P affirmed Egypt at B, outlook Stable.

International scale; action dated 9 Oct 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Ratings are the opinions of the named agency as at the date shown, found by public screening of the agency’s announcements and the issuer’s own disclosures — not statements of fact, possibly out of date, and not advice. The linked source carries the agency’s full release and disclaimers. Rating agencies and rights holders: contact us for a correction or removal.

Moody’s upgraded Ghana to B3, outlook Stable

Fri, 09 Oct 2026 00:00:00 +0000

Moody’s upgraded Ghana to B3, outlook Stable.

International scale; action dated 9 Oct 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch revised the outlook on Nigeria to Positive (B)

Fri, 09 Oct 2026 00:00:00 +0000

Fitch revised the outlook on Nigeria to Positive (B).

International scale; action dated 9 Oct 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch affirmed Egypt at B, outlook Stable

Thu, 08 Oct 2026 00:00:00 +0000

Fitch affirmed Egypt at B, outlook Stable.

International scale; action dated 8 Oct 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

S&P affirmed Ghana at B-, outlook Stable

Fri, 25 Sep 2026 00:00:00 +0000

S&P affirmed Ghana at B-, outlook Stable.

International scale; action dated 25 Sep 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s revised the outlook on Angola to Positive (B3)

Fri, 25 Sep 2026 00:00:00 +0000

Moody’s revised the outlook on Angola to Positive (B3).

International scale; action dated 25 Sep 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

S&P affirmed Cameroon at B-, outlook Stable

Fri, 18 Sep 2026 00:00:00 +0000

S&P affirmed Cameroon at B-, outlook Stable.

International scale; action dated 18 Sep 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s downgraded Mozambique to Caa3, outlook Stable

Fri, 18 Sep 2026 00:00:00 +0000

Moody’s downgraded Mozambique to Caa3, outlook Stable.

International scale; action dated 18 Sep 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch affirmed Morocco at BB+, outlook Stable

Thu, 17 Sep 2026 00:00:00 +0000

Fitch affirmed Morocco at BB+, outlook Stable.

International scale; action dated 17 Sep 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Sovereign Africa Ratings assigned Ghana a B- rating, outlook Stable

Tue, 08 Sep 2026 00:00:00 +0000

Sovereign Africa Ratings assigned Ghana a B- rating, outlook Stable.

Action dated 8 Sep 2026; found by public screening, checked 12 Oct 2026.

Source: the agency’s release. Ratings on this site.

S&P downgraded Senegal to CC, outlook Negative

Fri, 04 Sep 2026 00:00:00 +0000

S&P downgraded Senegal to CC, outlook Negative.

International scale; action dated 4 Sep 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s revised the outlook on Nigeria to Positive (B3)

Fri, 28 Aug 2026 00:00:00 +0000

Moody’s revised the outlook on Nigeria to Positive (B3).

International scale; action dated 28 Aug 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s downgraded Senegal to Caa2, outlook Negative

Fri, 28 Aug 2026 00:00:00 +0000

Moody’s downgraded Senegal to Caa2, outlook Negative.

International scale; action dated 28 Aug 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

S&P affirmed Angola at B-, outlook Stable

Fri, 14 Aug 2026 00:00:00 +0000

S&P affirmed Angola at B-, outlook Stable.

International scale; action dated 14 Aug 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch affirmed Republic of Congo at CCC+

Fri, 14 Aug 2026 00:00:00 +0000

Fitch affirmed Republic of Congo at CCC+.

International scale; action dated 14 Aug 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s upgraded Benin to Ba3, outlook Stable

Fri, 07 Aug 2026 00:00:00 +0000

Moody’s upgraded Benin to Ba3, outlook Stable.

International scale; action dated 7 Aug 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

New issue: Gabon 9.375% 2033 (XS3460790887)

Wed, 05 Aug 2026 00:00:00 +0000

New issue: Gabon 9.375% 2033 (XS3460790887), issued 5 August 2026, USD, maturing 5 August 2033.

Terms and source document. Information only, not an offer or advice.

S&P affirmed Republic of Congo at CCC+, outlook Stable

Fri, 24 Jul 2026 00:00:00 +0000

S&P affirmed Republic of Congo at CCC+, outlook Stable.

International scale; action dated 24 Jul 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

S&P affirmed DR Congo at B-, outlook Positive

Fri, 24 Jul 2026 00:00:00 +0000

S&P affirmed DR Congo at B-, outlook Positive.

International scale; action dated 24 Jul 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch affirmed Mozambique at CC

Fri, 24 Jul 2026 00:00:00 +0000

Fitch affirmed Mozambique at CC.

International scale; action dated 24 Jul 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Nigeria Eurobond: advisers sought

Mon, 29 Jun 2026 00:00:00 +0000

The Debt Management Office invited banks and law firms to apply as advisers for a proposed Eurobond issuance in 2026; submissions closed on 13 July 2026. No amount, currency or tenor stated.

Source: notice of 29 June 2026, checked 13 October 2026. Not a forecast of size, timing or price.

Fitch affirmed Benin at B+, outlook Positive

Fri, 26 Jun 2026 00:00:00 +0000

Fitch affirmed Benin at B+, outlook Positive.

International scale; action dated 26 Jun 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s revised the outlook on Gabon to Negative (Caa2)

Wed, 24 Jun 2026 00:00:00 +0000

Moody’s revised the outlook on Gabon to Negative (Caa2).

International scale; action dated 24 Jun 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

New issue: AFC 5.375% 2031 (XS3296851010)

Tue, 23 Jun 2026 00:00:00 +0000

New issue: AFC 5.375% 2031 (XS3296851010), issued 23 June 2026, USD, maturing 23 June 2031.

Terms and source document. Information only, not an offer or advice.

Fitch upgraded Eskom to B+, outlook Stable

Fri, 12 Jun 2026 00:00:00 +0000

Fitch upgraded Eskom to B+, outlook Stable.

International scale; action dated 12 Jun 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Fitch upgraded Eskom (XS1864523300) to BB, outlook Stable

Fri, 12 Jun 2026 00:00:00 +0000

Fitch upgraded Eskom (XS1864523300) to BB, outlook Stable.

International scale; action dated 12 Jun 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Fitch affirmed Côte d'Ivoire at BB, outlook Stable

Fri, 12 Jun 2026 00:00:00 +0000

Fitch affirmed Côte d'Ivoire at BB, outlook Stable.

International scale; action dated 12 Jun 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch upgraded South Africa to BB, outlook Stable

Fri, 05 Jun 2026 00:00:00 +0000

Fitch upgraded South Africa to BB, outlook Stable.

International scale; action dated 5 Jun 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Moody’s affirmed Eskom at B2, outlook Stable

Mon, 01 Jun 2026 00:00:00 +0000

Moody’s affirmed Eskom at B2, outlook Stable.

International scale; action dated 1 Jun 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Moody’s affirmed Eskom (XS1864523300) at Ba2, outlook Stable

Mon, 01 Jun 2026 00:00:00 +0000

Moody’s affirmed Eskom (XS1864523300) at Ba2, outlook Stable.

International scale; action dated 1 Jun 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

S&P affirmed South Africa at BB, outlook Positive

Fri, 29 May 2026 00:00:00 +0000

S&P affirmed South Africa at BB, outlook Positive.

International scale; action dated 29 May 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Sovereign Africa Ratings affirmed South Africa at BBB+, outlook Stable

Wed, 27 May 2026 00:00:00 +0000

Sovereign Africa Ratings affirmed South Africa at BBB+, outlook Stable.

Action dated 27 May 2026; found by public screening, checked 12 Oct 2026.

Source: the agency’s release. Ratings on this site.

Moody’s revised the outlook on Republic of Congo to Positive (Caa2)

Wed, 27 May 2026 00:00:00 +0000

Moody’s revised the outlook on Republic of Congo to Positive (Caa2).

International scale; action dated 27 May 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

New issue: Republic of Congo 9.5% 2036 (XS3376882687)

Tue, 26 May 2026 00:00:00 +0000

New issue: Republic of Congo 9.5% 2036 (XS3376882687), issued 26 May 2026, USD, maturing 26 May 2036.

Terms and source document. Information only, not an offer or advice.

New issue: Morocco 5.125% 2038 (XS3385444990)

Tue, 26 May 2026 00:00:00 +0000

New issue: Morocco 5.125% 2038 (XS3385444990), issued 26 May 2026, EUR, maturing 26 May 2038.

Terms and source document. Information only, not an offer or advice.

New issue: Morocco 4.75% 2034 (XS3387586004)

Tue, 26 May 2026 00:00:00 +0000

New issue: Morocco 4.75% 2034 (XS3387586004), issued 26 May 2026, EUR, maturing 26 May 2034.

Terms and source document. Information only, not an offer or advice.

Moody’s revised the outlook on South Africa to Positive (Ba2)

Fri, 22 May 2026 00:00:00 +0000

Moody’s revised the outlook on South Africa to Positive (Ba2).

International scale; action dated 22 May 2026; found by public screening, checked 12 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Fitch affirmed Gabon at CCC-

Fri, 22 May 2026 00:00:00 +0000

Fitch affirmed Gabon at CCC-.

International scale; action dated 22 May 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

New issue: Egypt 7.625% 2034 (XS3305218136)

Wed, 20 May 2026 00:00:00 +0000

New issue: Egypt 7.625% 2034 (XS3305218136), issued 20 May 2026, USD, maturing 20 May 2034.

Terms and source document. Information only, not an offer or advice.

New issue: ECOBANK 8.875% 2036 (XS3370280557)

Tue, 19 May 2026 00:00:00 +0000

New issue: ECOBANK 8.875% 2036 (XS3370280557), issued 19 May 2026, USD, maturing 19 August 2036.

Terms and source document. Information only, not an offer or advice.

S&P upgraded Nigeria to B, outlook Stable

Fri, 15 May 2026 00:00:00 +0000

S&P upgraded Nigeria to B, outlook Stable.

International scale; action dated 15 May 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch upgraded Ghana to B, outlook Positive

Fri, 08 May 2026 00:00:00 +0000

Fitch upgraded Ghana to B, outlook Positive.

International scale; action dated 8 May 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch affirmed Angola at B-, outlook Stable

Fri, 08 May 2026 00:00:00 +0000

Fitch affirmed Angola at B-, outlook Stable.

International scale; action dated 8 May 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

Fitch affirmed Cameroon at B, outlook Negative

Fri, 24 Apr 2026 00:00:00 +0000

Fitch affirmed Cameroon at B, outlook Negative.

International scale; action dated 24 Apr 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.

New issue: DR Congo 9.5% 2037 (XS3344646958)

Thu, 16 Apr 2026 00:00:00 +0000

New issue: DR Congo 9.5% 2037 (XS3344646958), issued 16 April 2026, USD, maturing 16 April 2037.

Terms and source document. Information only, not an offer or advice.

New issue: DR Congo 8.75% 2032 (XS3344646875)

Thu, 16 Apr 2026 00:00:00 +0000

New issue: DR Congo 8.75% 2032 (XS3344646875), issued 16 April 2026, USD, maturing 16 April 2032.

Terms and source document. Information only, not an offer or advice.

Moody’s affirmed OCP at Baa3, outlook Stable

Tue, 07 Apr 2026 00:00:00 +0000

Moody’s affirmed OCP at Baa3, outlook Stable.

International scale; action dated 7 Apr 2026; found by public screening, checked 13 Oct 2026.

Source: the issuer’s disclosure. Ratings on this site.

Moody’s affirmed Egypt at Caa1, outlook Positive

Fri, 03 Apr 2026 00:00:00 +0000

Moody’s affirmed Egypt at Caa1, outlook Positive.

International scale; action dated 3 Apr 2026; found by public screening, checked 14 Oct 2026.

Source: the agency’s release. Ratings on this site.