Slovakia sold EUR 261.4mn in 2017 and 2024 government bonds at an auction on March 17, the finance ministry’s Debt and Liquidity Management Agency (ARDAL) said.
The agency sold EUR 129.4mn of a 4.625% coupon bond, which matures on January 19, 2017, at an average yield of 0.6056%, down from 0.8803% achieved at the previous auction held on November 18, 2013. The issue attracted bids worth EUR 172.4mn, setting the bid to cover ratio at 1.3, down from 5.79 in November. Foreign investors placed bids worth EUR 98mn, of which EUR 67mn were approved. The minimum yield of the accepted bids was 0.5079% and the maximum yield was 0.6601%.
ARDAL also sold EUR 132mn of a 3.375%-coupon bond, which matures on November 15, 2024, at an average yield of 2.5574%, down from 2.9793% at the previous auction held on October 21, 2013. The bond attracted bids worth EUR 231mn, setting the bid-to-cover ratio at 1.75, down from 3.92 in October. Foreign investors placed bids worth EUR 176mn, of which EUR 86mn were approved. The minimum yield of the accepted bid was 2.4999% and the maximum yield was 2.5869%.
Slovakia's National Criminal Agency (NAKA) have taken Italian businessman Antonino Vadala and six other people in for interrogation following the mafia-style assassination of journalist Jan ... more
A survey has found that most Czechs remain positive towards Europe, with 54% of respondents saying they would like to stay in the European Union and 34% stating they would be in favour of a ... more
An explosion at the site of Austrian OMV’s Baumgarten natural gas hub has interrupted gas transit to Italy, Slovenia and Hungary, the Austrian government’s electricity and gas markets regulator ... more