Spectator on facebook

Spectator on facebook

Slovakia sold its longest bond on international markets

The demand was three times higher than the actual amount.

Illustrative stock photo(Source: Sme)

Slovakia borrowed €1 billion for a period of 30 years at an interest rate of around 2 percent on the international markets on October 10.

Finance Minister Peter Kažimír (Smer) described the issuing of the bonds as successful. The demand was three times as high as the final amount, he added for the TASR newswire.

The bonds were bought by 170 investors from 15 countries, according to the finance minister. Almost half of them were from Austria and Germany (49 percent). The second largest group was from the Benelux countries and France (17 percent), followed by investors from Britain, Ireland, Italy and Scandinavia, the state-run Debt and Liquidity Management Agency (ARDAL) added.

“This shows that 170 investors appeared who have lent money to this country for 30 years,” Kažimír said, as quoted by TASR. “They’ve expressed clear confidence in the future of this country, regardless of what happens here sometimes and what we hear. In my opinion, this is clear evidence that we’re on the right track.”

Top stories

Ecological sunscreen and air pollution monitoring among the projects of Slovak high-schoolers

Leaf organization awarded the best projects by Slovak students.

Filip Geib, Emanuel Kucbel and Peter Škripko

Prosecutor’s office: Reporter’s murder investigation had some flaws

The lawyer of the journalist’s parents fears information leakage to Police Corps officers.

Commemorating Ján Kuciak and Martina Kušnírová at protests

Prosecutor withdraws charges of libel against journalist

The journalist originally received an 18-month suspended sentence with three years of probation.

The CT scanner scandal cost Pavol Paška his post as speaker of parliament.

Several Christians disagree with Church’s stance towards extremists

The extremist ĽSNS party drafted a bill limiting abortions in Slovakia, creating an awkward situation for the Church.

Illustrative stock photo