Slovakia bought back early EUR 130mn in 2-year government bonds maturing in January 2012, the finance ministrys Debt and Liquidity Management Agency (ARDAL) said. ARDAL received bids worth a total of EUR 151.65mn. The average interest rate at which it redeemed the bonds stood at 1.44%. The No. 212 bond series was issued on January 27, 2009 with a zero-coupon. The entire issue of EUR 1bn was sold in six auctions, the last of which was held in October 2010. The reason for the buyback of the bonds some two and a half months before their maturity was that some investors showed interest in this possibility, as the papers were not very liquid ahead of maturity. |
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