Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Slovakia will not float Eurobonds yet

THE FINANCE MINISTRY'S Debt and Liquidity Management Agency (ARDAL) will float the next Eurobond issue later than originally planned.

The agency originally wanted to float the €1 billion benchmark issue in the first quarter of 2007. Maturity of Eurobonds with a fixed yield should have ranged from 10 to 20 years. However, this will not happen by the end of March and the Eurobond issue will probably be floated in the second quarter 2007, said the head of ARDAL debt management department, Tomáš Kapusta.

ARDAL originally wanted to time the Eurobond issue for the first quarter, when government obligations worth over Sk47 billion (€1.4 billion) were maturing. There is, however, enough money in the state's pockets at the moment, so the agency does not urgently need to issue new bonds. If necessary, it can use funds from the State Treasury system, which centralizes all revenues of the general government.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4