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Strong demand for Slovak treasury bills

The Slovak Debt and Liquidity Agency (ARDAL) accepted offers for 315-day treasury bills worth €366.5 million on March 5, including offers for €103 million from non-resident investors.

The Slovak Debt and Liquidity Agency (ARDAL) accepted offers for 315-day treasury bills worth €366.5 million on March 5, including offers for €103 million from non-resident investors.

Juraj Pekár from ARDAL told the TASR newswire that the overall demand for T-bills was actually €576.5 million, including €218 million from foreign investors.

The minimum interest rate was 1.0900 percent per annum, the average was 1.2874 percent and the maximum offer was 1.5100 percent. The accepted interest rate was set at 1.3062 percent per annum. The T-bills will be issued on March 7 and will mature on January 16, 2013.

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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