Tuesday, July 31, 2007

Tunisia's Central Bank Offers Higher Yield in 30 Billion Yen Samurai Sale

(Bloomberg) -- Banque Centrale de Tunisie, the
central bank of the Republic of Tunisia, sold 30 billion yen
($253 million) of bonds denominated in yen, offering a wider
spread to investors than originally planned.

The bank priced the 20-year bonds to yield 75 basis points
more than the yen swap rate, according to an e-mail sent to
investors today. It had planned to offer a spread of between 52
basis points and 57 basis points, according to an e-mail sent to
investors on July 27. A basis point is 0.01 percentage point.


Read more at Bloomberg Bonds News

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