2023-04-18 15:33:11
Tunisian bond prices, denominated in dollars, fell to record low levels, on Tuesday, following the authorities decided to ban meetings at the headquarters of the opposition Islamist Ennahda Party.
Most of the Tunisian bonds are now at almost half of their nominal value, following declining between 0.2 and 1.3 cents.
Ennahda said it feared the decision would pave the way for the party itself to be banned.
The decision comes a day following the police arrested Rashid Ghannouchi, the party’s leader, and three senior party officials. Ghannouchi is the most prominent critic of Tunisian President Kais Saied.
The central bank of Tunisia issues the bonds, which are currently weakening due to fears that Tunisia might default.
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