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  • 22-10-18

    Tunisia to put USD1bn Eurobonds on sale

    (MENAFN) Tunisia was unveiled to have reached a decision to put USD1 billion worth of Eurobonds on sale a week from now.

    Tunisia has been mulling over this decision since the first six months of this year, aiming to drive a decline in the budget deficit.

    According to a government source, the bond sale is to be overseen by Deutsche Bank, JPMorgan Chase & Co, Citigroup, and Natixis.

    It comes after the International Monetary Fund accepted a USD245 million loan tranche agreement with Tunisia.

    It is the fifth loan tranche to be approved by the IMF under its loan programme with Tunisia, granting opportunities for the bond issue.

    MENAFN2210201800450000ID1097600483

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