VOL. XLVI

No 9

3-March-2003

TUNISIA

Tunisian Eurobond Oversubscribed

The Tunisian Governments 300mn Eurobond, which was issued by the Banque Centrale de Tunisie on 14 February (MEES, 24 February), was oversubscribed by over 200mn, a source close to the issue told MEES. The bond is Tunisias first in the Euro market since 1999, and as a result appetite was strong and included participation from new investors, including German pension funds and insurance accounts, said the source. With the downturn...