Bond Tunisie 0% ( TN2MVOGUKOA5 ) in TND

Issuer	Tunisie
Market price	100 % ⇌
Country	Tunisia
ISIN code	TN2MVOGUKOA5 ( in TND )
Interest rate	0%
Maturity	18/11/2027
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Minimal amount	10 TND
Total amount	48 390 TND
Detailed description	Tunisia is a North African country bordering the Mediterranean Sea, known for its diverse landscapes, ancient Roman ruins, and vibrant culture blending Berber, Arab, and European influences. This financial analysis details a sovereign bond issued by the Republic of Tunisia, identified by the ISIN code TN2MVOGUKOA5. Classified as an obligation, this debt instrument is denominated in Tunisian Dinars (TND) and is currently trading at its par value of 100% in the market. A key characteristic of this bond is its zero-coupon nature, indicating that it bears no periodic interest payments throughout its life. Instead, investors are slated to receive a single principal repayment upon its maturity on November 18, 2027. The total nominal size of this specific issuance stands at TND 48,390, with a minimum purchase increment set at TND 10 nominal value. The Republic of Tunisia, as the sovereign issuer, represents the national government and its financial stability. Debt instruments like this bond are utilized by the Tunisian state to finance its expenditures, development projects, or manage its national debt, thus reflecting the country's creditworthiness and economic conditions. This particular bond, with its straightforward structure and absence of coupon payments, offers investors a direct exposure to Tunisian sovereign risk, with returns solely realized at the end of its term.