Slovakia issues EUR 100mn in 2020 bonds.

By bne IntelliNews April 26, 2011
Slovakias finance ministry issued EUR 100mn in 2020 bonds into its own portfolio, the ministrys Debt and Liquidity Management Agency announced on its website. The bonds bear an annual coupon of 4%. Slovakia raised EUR 1bn in a syndicated 2020 bond issue on March 14, 2011 earlier this month. The bond was priced at 4.664% which is a 1.342pts premium on benchmark German bonds. In January, ARDALs director Daniel Bytcanek said the state plans to raise up to EUR 4bn through syndicated bond issues in 2011. Totally EUR 8.5mn would be needed for debt refinancing and the remaining EUR 4.5bn debt would be placed on domestic market auctions open for foreign investors. So far in 2011, ARDAL has placed approximately EUR 3.3bn in government bonds, including a syndicated EUR 1.25bn six-year issue and EUR 361.5mn T-bills. In 2010 the government raised EUR 7.1bn in bond issues on the financial markets, including EUR 2bn from the sale of syndicated 15-year benchmark bonds in October and EUR 1.5bn from a syndicated 10-year issue in April. Also, last year ARDAL placed EUR 2.4bn T-bills.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    9 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss