Tunisia’s foreign exchange reserves fell by almost 7 days to 112 days, on October 30, compared with 119 days the previous day.
This decrease follows the redemption on October 30, 2023 by Tunisia of the sovereign bonds issued in October 2018 denominated “Euro Bonds_5 years_6.75% 500 M € Reg S 31/10/2023” for an amount of €500 million in principal and €33.8 million in interest.
The repayment amounts to the equivalent of TND 1,679.4 million in principal and TND 113.4 million in interest, i.e. a total of TND 1,792.8 million, equivalent to 20.5% of the external public debt service for 2023, estimated at 8,759 million dinars according to the updated budget in the Amending Finance Law for 2023.
One day’s imports are currently worth 223.4 million dinars.
