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ARDAL sells government bonds worth €430.2 million
19 Feb 2013 Flash News
The State Debt and Liquidity Management Agency (ARDAL) sold government bonds worth €430.2 million at an auction on Monday, February 18, including three-year bonds worth €255.2 million and four-year bonds worth €175 million, ARDAL's Juraj Pekár told the TASR newswire on the same day.
Overall demand for bonds with a maturity date of November 16, 2016, amounted to €345.6 million, including €203.1 million from non-residents. ARDAL accepted bids worth €255.2 million, including €129.7 million from non-residents. The minimum price of the accepted bonds stood at 97.8500 percent, the average was 98.0014 percent, while the maximum was 98.1000 percent. The demand for bonds that will mature on January 19, 2017, reached €254 million - with €225 million coming from non-residents. The minimum interest rate for the accepted bonds was at 1.2567 percent per annum, the average amounted to 1.3795 percent p.a., and the maximum stood at 1.4182 percent p.a.
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