Tunisia Starts Preparatory Work for Debut Sukuk IssuanceSource: www.export-egypt.com 5/10/2017, Location: Africa |
|
|
|
|
|
The government of Tunisia is preparing its first ever issuance of a sukuk with the Tunisian stock exchange, Bourse de Tunis, and Nasdaq Dubai, according to a statement issued by Nasdaq Dubai
Preparation work will consider commercial, legal and regulatory issues, including sharia-compliance aspects, ahead of potential sukuk issues aimed at both domestic and international investors. Tunisia needs about $2.85 billion in external funding in 2017 and plans to issue a sukuk, or Islamic bond, of $500 million to cover its budget deficit, the then finance minister Lamia Zribi told in January. It issued a €850 million bond with a seven-year maturity in February. |
|
|
Financials and Investment News in Tunisia >> |
 |
|||||
| Tunisia Oil & Gas 1 >> 2 | |
