Slovakia plans to start selling retail government bonds as of 2013.

By bne IntelliNews November 15, 2012
The Slovak Finance Ministry plans to start offering of retail bonds to Slovaks as of next year, as part of its debt diversification strategy, SITA news agency reported, quoting Finance Minister Peter Kazimir. The Slovak government is aiming to diversify its investor base due to the uncertainty in the eurozone, and the retail bonds will be the next step in the strategy after tapping non-euro markets through the sale of government bonds denominated in Czech koruna, Swiss francs and U.S. dollars earlier this year. Technical details are not yet decided, but it is considered that the retail government bonds may be distributed either via commercial banks or via the state-run postal company Slovenska posta. The retail bond sale would not be a one-off event but a complex multi-year programme of government bond issues that should provide an alternative to bank deposits, according to Kazimir.

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