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.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
21. Feb 2012 at 10:00