Slovakia’s Debt Management and Liquidity Agency (ARDAL) sold 364-day state treasury bills worth €294.5 million on January 16, with foreign investors purchasing €1 million of the notes, the TASR newswire reported.
This was the first sale of government treasury bills since Standard & Poor's lowered the credit ratings of a number of eurozone countries, including Slovakia.
The interest rate at Monday's auction was 1.9699 percent per annum, Juraj Pekár from ARDAL told TASR, adding that overall demand for the short-term securities reached €892.4 million, with €143.6 million coming from non-resident investors.
Compiled by Zuzana Vilikovská from press reports
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17. Jan 2012 at 14:00