Guarantee for Privately Placed Samurai Bonds Issued by the Central Bank of Tunisia
JBIC's First Guarantee for Samurai Bonds Issued by an African Country
JBIC provided a guarantee for yen-denominated foreign bonds (Samurai bonds) issued in Japan by the Central Bank of Tunisia. This guarantee is a part of the support provided to countries in the Middle East and North Africa under the Deauville Partnership*1 , and is also JBIC's first guarantee for Samurai bonds issued by a government of an African country. This guarantee will help the Tunisian government diversify its funding sources, and by stimulating the Samurai bond market and deepening bilateral relations with Tunisia. It is also expected to give added momentum to the business operations of Japanese companies.
- *1The Deauville Partnership is a framework for supporting historical change in Middle East and North African nations agreed upon at the G8 Deauville Summit in May 2011.