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Slovakia sells two and four-year bonds worth over €350 million

The Slovak Debt and Liquidity Management Agency (ARDAL) announced that it had sold Slovak government bonds worth €351.5 million at two auctions on February 20, Juraj Pekár from ARDAL told the TASR newswire. For two-year bonds, the agency accepted bids from investors of €283 million, with €90 million of the bids coming from non-resident investors. Overall demand was €563 million, with €120 million coming from foreign investors. The average annual interest rate on the two-year bonds was 2.54 percent.

The Slovak Debt and Liquidity Management Agency (ARDAL) announced that it had sold Slovak government bonds worth €351.5 million at two auctions on February 20, Juraj Pekár from ARDAL told the TASR newswire.

For two-year bonds, the agency accepted bids from investors of €283 million, with €90 million of the bids coming from non-resident investors. Overall demand was €563 million, with €120 million coming from foreign investors. The average annual interest rate on the two-year bonds was 2.54 percent.

Four-year bonds worth €68.5 million were also sold, including €26 million from non-residents. The overall demand was €146 million with €72.5 million from foreign investors. The average annual interest rate on the four-year bonds was 3.54 percent.

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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