Tunisia issues $500 mln U.S.-guaranteed bondSource: www.export-egypt.com 8/5/2016, Location: Africa |
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Tunisia has closed on its offering of a $500 million sovereign bond fully guaranteed by the United States, the U.S. Treasury said .
"The loan guarantee supports Tunisia as it pursues important economic reforms to provide a foundation for robust, shared economic growth, while also furthering Tunisia's ability to access global capital markets," the Treasury said in a statement. The United States had also provided guarantees for Tunisian debt in 2012 and 2014, Treasury said. The five-year bond was priced at a coupon rate of 1.416 percent, the Treasury said. |
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