Tunisia successfully repaid its €850 million Eurobond on February 17, 2024.
The debt service on this loan amounted to €898 million (TND 3,028.1 million), divided between the repayment of the principal (at maturity) of €850 million (TND 2,867 million) and interest of €47.8 million (TND 161.3 million).
As a result of this repayment, the Treasury’s account should fall by 3 billion dinars, all other things being equal.
Similarly, the country’s foreign exchange reserves should fall from 119 days on February 16, 2024 to 105 on February 19, 2024.
The next major repayment date for public external debt on the international financial market is scheduled for October 10, 2024.
On this date, the State should repay a loan guaranteed by JICA (Japan International Cooperation Agency), contracted in 2014 for a period of 10 years, with a principal of 50 billion yen (TND 1,045 million) at an interest rate of 1.61%, corresponding to an interest amount of TND 16.8 million, i.e. a total of TND 1,062 million dinars, equivalent to 5 days of imports.
