Bonds worth $2 billion in Tunisia
Tunisia, Economics, 2/23/1999

The Tunisian central bank will raise at the beginning of March bonds worth 200 million Tunisian dinars ($177 million) in the first stage of issuing such bonds for the first time.

The bank aims at raising bonds worth 2.3 billion dinars (more than $2 billion) by the end of current year in light of the Tunisian government's policy of developing the national economy.

A statement issued by the Tunisian embassy in Cairo stated that there are plans to convert the government's debts to bonds during the coming two years so these bonds will be sold to banks only in the first stage and will be sold to Tunisians at a later stage.

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