Spectator on facebook

Spectator on facebook

Slovakia to buy back T-bills worth €150 million before maturity

Slovakia will buy back treasury bills before they mature, worth €150 million, the SITA newswire wrote. This is the result of an auction on October 22 to buy back treasury bills maturing on January 16 of next year.

Slovakia will buy back treasury bills before they mature, worth €150 million, the SITA newswire wrote. This is the result of an auction on October 22 to buy back treasury bills maturing on January 16 of next year.

Investors offered securities worth €315 million, of which treasury bills for €40 million came from portfolios of foreign investors. As the Finance Ministry's Debt and Liquidity Management Agency (ARDAL) further informed, investors offered securities at an average price of 0.1281% p.a. The minimum offered rate was 0.2058% p.a. with a maximum at 0.0201% p.a. ARDAL accepted bids at an average price of 0.1686% p.a., minimum interest was 0.2058% p.a. and the maximum accepted rate was 0.1501% p.a. Representatives of the state informed in the middle of the year that Slovakia has already borrowed enough funds to refinance its debt for this year. It managed to sell government bonds in the first half of the year, particularly in the Czech Republic, Switzerland, and the United States. Overall, since the beginning of the year Slovakia sold government bonds for more than €6.8 billion, and ARDAL also offered treasury bills to investors.

(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

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.