Tunis development bank issues $42 million in bonds

The Economic Development Bank of Tunisia announced the issuance of bonds with 10 year maturity and that will be valued at 50 million Tunisian dinars ($42 million).

An official press statement said the Bight Corporation working in Brokerage field will assume the supervision of the subscription process specializing in new bonds.

The statement said that the due interest of bonds is 7%. It is expected that the subscription for new bonds will be end at the end of the month.