Tunisia receives €700 million bond
10/07/2019 17:38, TUNIS/Tunisia

(TAP) - Tunisia has obtained a bond issue worth 700 million euros, the equivalent of 2275 MD, said a statement issued on Wednesday by the Ministry of Finance.

This bond will be repaid over a period of 7 years with an interest rate of 6.375%.

According to the Ministry of Finance, nearly 182 financial institutions have submitted bids in this regard and the amount offered by investors amounts to more than €2200 million.

This bond issue is the result of a road-show carried out by the Minister of Finance and the Governor of the Central Bank of Tunisia (BCT) in the various international markets as part of the financing of the 2019 budget needs.

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