Finance Minister Mikloš says Slovakia borrowed €2 billion via state bonds

Slovakia borrowed €2 billion on the financial markets via 15-year government bonds at a interest rate of 4.373 percent, Finance Minister Ivan Mikloš (SDKÚ) said at a press briefing on Wednesday, October 6, the TASR newswire wrote. Investor demand for the bonds reached €4.3 billion.

Slovakia borrowed €2 billion on the financial markets via 15-year government bonds at a interest rate of 4.373 percent, Finance Minister Ivan Mikloš (SDKÚ) said at a press briefing on Wednesday, October 6, the TASR newswire wrote. Investor demand for the bonds reached €4.3 billion.

“We managed to issue bonds today roughly comparable to the Italian bonds and under the [interest] level of Polish bonds,” said Mikloš to TASR, adding that he considered the successful issue of 15-year government bonds to be one of two good pieces of news for the day, with the other being the passing of the state budget by the government.

“The budget for 2011 will recover the public finances’ health, as we no longer tread the Greek path,” he added.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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