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

Kiska stays away from parliamentary politics

President Kiska has dispersed all questions surrounding his future in politics before Easter, when he announced he was not planning to run for parliament.

Andrej Kiska does not want to walk down the path of party politics.

Danko’s office opens MPs’ letters

OĽaNO wants Danko to step down as parliament’s speaker after what they call an unprecedented measure.

Igor Matovič (l) and Ján Budaj (r)

Train travel to Košice via south to return

The Transport Ministry will restore the operation of fast trains on the southern route as of June.

Government ignores anticorruption demands Photo

Protesters gave the government two weeks to fulfil their demands.