Tunisia to issue a $750 million bond

Jan 14, 2015

The bond will be issued in dollars on international markets.

Tunisia is planning to raise $750 million (€637 million) on the international debt market in 2015.

The Governor of the Central Bank of Tunisia Chedly Ayari said on January 12th that unlike Tunisia's last two international bonds, this loan denominated in dollars will be issued without any guarantee from another State.

He was optimistic about the success of the loan, as Tunisia has made a successful democratic transition, hailed worldwide.

He also recalled the announcement by rating agencies Moody's and Fitch that they will revise upward the sovereign rating of the country in March, newspaper Les Afriques reports.

This release follows the issuance by Tunisia of a 825 million dinars (€369 million) bond on the Japanese market in October 2014.ADNFCR-2976-ID-801770078-ADNFCR