Bond Tunisie 0% ( TNE6MKI9BYA2 ) in TND

Issuer	Tunisie
Market price	100 % ⇌
Country	Tunisia
ISIN code	TNE6MKI9BYA2 ( in TND )
Interest rate	0%
Maturity	01/02/2023 - Bond has expired
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Minimal amount	1 000 TND
Total amount	736 200 000 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. A recent development in the Tunisian sovereign debt market saw the successful maturity and full repayment of a specific bond issuance, ISIN TNE6MKI9BYA2. This instrument, denominated in Tunisian Dinars (TND), reached its maturity date on February 1, 2023, and was redeemed at 100% of its face value, signaling the issuer's adherence to its financial obligations. The bond, categorized by its zero-interest rate, functioned as a zero-coupon security, implying that it did not generate periodic interest payments but was designed for a single principal repayment upon its maturity. The total size of this particular issuance by Tunisia, a North African sovereign state active in both domestic and international financial markets, amounted to TND 736,200,000, with a minimum purchase threshold set at TND 1,000. This repayment event underscores Tunisia's commitment to honoring its debt, a crucial element for maintaining investor confidence in its sovereign bonds and supporting its ongoing participation in global capital markets for economic development and public finance management.