VOL. XLVI

No 8

24-February-2003

TUNISIA

Tunisia Issues 300Mn Eurobond As Fiscal Performance Stays Solid

The Tunisian Government issued a 300mn Eurobond via the Banque Centrale de Tunisie on 14 February, which is the first debt it has issued in two and a half years since its Samurai bond issue on 18 July 2000 (MEES, 24 July 2000). The Eurobond, which was lead managed by Dresdner Kleinwort Wasserstein (DKW) and Merrill Lynch, carries a 6.25% coupon and is priced to yield 230 bps over benchmark...