Tunisia has managed to raise TND 1,214.8 million for the fourth tranche of the 2023 national bond issue, thus exceeding the amount initially set at TND 700 million, i.e. a response rate of 173%, Managing Director of Tunisie Clearing Maher Zouari told TAP on Thursday. The amounts subscribed between November 27 and December 5, 2023 have come from stock market intermediaries and banks, with subscription rates of 71% and 29%, respectively, he added. He pointed out that category B (a 7-year repayment period) raised 956.3 MD, accounting for 78.7% of the total amount of the fourth tranche of the national bond issue for 2023. Subscriptions for a 10-year term (category C) drew TND 255.8 million, or 21.1% of the total amount. The "A" category (reserved for subscriptions by individuals) raised TND 2.7 million, i.e. 0.2% of the total amount of the fourth tranche of the 2023 bond issue. The Treasury succeeded in raising TND 1.024 billion for the third tranche of the 2023 national bond issue, exceeding the amount ini tially set at TND 700 million, i.e. a response rate of 146%. In September 2023, Maher Zouari stated that 79% of this tranche had been raised by stock market intermediaries and 21% by banks. Source: Agence Tunis Afrique Presse