Slovakia sold EUR 281mn in 2018 and 2023 government bonds at an auction on February 17, the finance ministry’s Debt and Liquidity Management Agency (ARDAL) said.
The agency sold EUR 142mn of a 1.5% coupon bond, which matures on November 28, 2018, at an average yield of 1.1909%, up from 1.3102% achieved at the previous auction held on January 20, 2014. The issue attracted bids worth EUR 385mn, setting the bid to cover ratio at 2.7%, up from 1.44% in January. Foreign investors placed bids worth EUR 178mn, of which EUR 55mn were approved. The minimum yield of the accepted bids was 1.1401% and the maximum yield was 1.2002%.
ARDAL also sold EUR 139mn of a 3%-coupon bond, which matures on February 28, 2023, at an average yield of 2.4178%, down from 2.518% on the previous auction held November 18. The bond attracted bids worth EUR 399.6mn, setting the bid-to-cover ratio at 2.87%, down from 3.05% in November. Foreign investors placed bids worth EUR 321.9mn, of which EUR 134mn were approved. The minimum yield of the accepted bid was 2.4091% and the maximum yield was 2.4236%.
Workers at Kia Motors Slovakia have officially been on strike alert since April 10, a day before Skoda Auto in neighbouring Czechia ... more
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more
Slovak President Andrej Kiska appointed Peter Pellegrini of the ruling Smer-SD party to the ... more