Spectator on facebook

Spectator on facebook

Slovakia sells €305 million in 2014 bonds at January 23 auction

The Finance Ministry said investors continued to show confidence in Slovak government bonds even after Standard & Poor’s rating agency downgraded the country's sovereigncredit rating, noting that on January 23 Slovakia borrowed €305.2 million in the financial market while overall demand reached €530.2 million. The ministry’s Debt and Liquidity Management Agency (ARDAL) told the SITA newswire that foreign investors were interested in €132 million of the short-terms bonds that mature in April 2014.

The Finance Ministry said investors continued to show confidence in Slovak government bonds even after Standard & Poor’s rating agency downgraded the country's sovereign
credit rating, noting that on January 23 Slovakia borrowed €305.2 million in the financial market while overall demand reached €530.2 million. The ministry’s Debt and Liquidity Management Agency (ARDAL) told the SITA newswire that foreign investors were interested in €132 million of the short-terms bonds that mature in April 2014.

Slovakia also borrowed money by selling treasury bills last week, SITA wrote. Overall demand for the T-bills was three times higher than the final volume sold. Investors were willing to purchase T-bills worth €982.4 million while ARDAL finally accepted bids for €294.5 million.

Source: SITA

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

Top stories

Ecological sunscreen and air pollution monitoring among the projects of Slovak high-schoolers

Leaf organization awarded the best projects by Slovak students.

Filip Geib, Emanuel Kucbel and Peter Škripko

Prosecutor’s office: Reporter’s murder investigation had some flaws

The lawyer of the journalist’s parents fears information leakage to Police Corps officers.

Commemorating Ján Kuciak and Martina Kušnírová at protests

Prosecutor withdraws charges of libel against journalist

The journalist originally received an 18-month suspended sentence with three years of probation.

The CT scanner scandal cost Pavol Paška his post as speaker of parliament.

Several Christians disagree with Church’s stance towards extremists

The extremist ĽSNS party drafted a bill limiting abortions in Slovakia, creating an awkward situation for the Church.

Illustrative stock photo