Spectator on facebook

Spectator on facebook

Slovakia sells long-term bonds worth nearly €200 million

On April 16 Slovakia held auctions of long-term bonds maturing in 2025 as well as short-term bonds maturing in November 2016, the SITA newswire wrote.

On April 16 Slovakia held auctions of long-term bonds maturing in 2025 as well as short-term bonds maturing in November 2016, the SITA newswire wrote.

In the auction of bonds maturing in October 2025, the Finance Ministry's Agency for Debt and Liquidity Management (ARDAL) accepted investors' bids worth €196.5 million, with foreign investors buying securities worth €102 million. The agency had originally expected to receive bids worth only around €50 million, SITA reported.

Overall demand for the 14-year bonds reached €257 million at an average interest rate of 4.6536 percent and the accepted average rate was 4.6316 percent.

In the second auction the state sold the short-term bonds in the amount of €249.6 million while more than half being bought by foreign investors. Overall demand for the bonds maturing in November 2016 reached €336.6 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

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest

Liberation of Mosul and the fight against ISIS

The United States, Slovakia, and the entire Global Coalition will continue to support our regional partners until ISIS has been defeated and the suffering ends.

Iraqi civilians flee their homes during fighting between Iraqi security forces and Islamic State militants, on the western side of Mosul, Iraq, in March 2017.

Lúčnica leader Štefan Nosáľ dies

Štefan Nosáľ, long-time choreographer and artistic director of the Lúčnica folklore ensemble, died at the age of 90.

Štefan Nosáľ and Lúčnica

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.