Tunisia Repays a U.S.$ 506 Million Bond Issued in 2014

Tunis/Tunisia — Tunisia has just repaid a US$ 506 million bond (equivalent to 1,412.6 million dinars) issued in 2014 on the financial market, the Finance Ministry announced on Friday.

The Government of Tunisia had closed on July 24, 2014, on its offering of a $500 million sovereign bond issuance guaranteed by the United States of America, acting through the U.S. Agency for International Development (USAID).

The seven-year Tunisian sovereign bond was supported by a 100 percent guarantee of the repayment of principal and interest by the U.S. government. The $500 million issuance was priced at a coupon rate of 2.452 percent.

AllAfrica publishes around 800 reports a day from more than 110 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

X