ECONOMIC BRIEFS

Landmark state bond attracts 3.6 billion Sk in bids

The Slovak central bank said on March 16 that its one year state bond had an average yield of 16.997% and that 3.59 billion crowns worth of bids, the same as the amount demanded, had been accepted.

The auction was the first ever in which the maximum accepted volume - five billion crowns - and the maximum yield - 17% - had been set in advance. Dealers had been sceptical as to whether the yield would be high enough to attract bids, but said on March 16 that the auction had gone smoothly.

The minimum yield was 16.95%. The Finance Ministry said on March 15 that it would continue to conduct state bond auctions in the new style if the market reaction was favourable.

Get daily Slovak news directly to your inbox

Top stories

Drop in car production lower than expected

Carmakers manufactured 11 percent less cars than in 2019.

Carmakers in Slovakia also produce electric battery and hybrid car models.

News digest: Slovakia tests en mass and launches vaccination of seniors

Health minister admits resignation if alert system not observed. Slovak diplomat has a new lucrative post.

The vaccination in nursing homes started.

A swab instead of a jab. The renamed testing kicked off

The government spent the week deciding about nationwide testing. Lockdown is starting to show in infection numbers, experts say.

Košice

Curfew will be prolonged. Negative test result will be required for work or trips to nature (FAQ)

Here are some of the answers to questions about the ongoing mass testing.

Nitra