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

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár