Spectator on facebook

Spectator on facebook

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.

Top stories

What does a big fat Slovak wedding look like?

Eating cock meat or noodles with human milk used to be a part of a Slovak wedding, but to most couples today, having a candy bar or professional photographer is more important than observing traditions.

Illustrative stock photo

Spectacular Slovakia: Anti-Ottoman Bastion on film Video

Štiavnické Bane was the centre of the technical, cultural and religious education of the Austria-Hungary monarchy beginning in the 15th century.

The first Slovak satellite goes into orbit

After five years of construction, SkCUBE is ready to fly

Another salary negotiation at Volkswagen fails Photo

The strike continues, the representatives of the trade unions say it would be a mistake to give up.