USD-denominated · Sovereign

African Eurobonds Tracker

African Eurobonds are USD-denominated sovereign bonds issued by African governments — held primarily by global emerging-market debt funds, asset managers, and African bank treasury desks. This page tracks every Eurobond on Mansa coverage.

Eurobond data is being indexed.

Why Eurobonds matter

For sovereigns

Eurobonds let African governments borrow in dollars at fixed rates from global capital markets. The trade-off is currency risk for the issuer — they must source dollars to pay coupons and principal, regardless of how their local currency moves.

For investors

Eurobonds remove FX risk for USD-based investors and provide direct exposure to African sovereign credit. Yields are typically 3–7% above US Treasuries, reflecting country risk premiums. Liquidity varies by issuer and tenor.