Slovakia to auction 2016, 2017 T-bonds on February 18.

By bne IntelliNews February 6, 2013
Slovakia will offer 2016 floaters and 2017 fixed-rate government bonds at its second auction for this year scheduled for February 18, the finance ministry's Debt and Liquidity Management Agency (ARDAL) said. The floating rate bond, which matures on November 16, 2016, has a floating interest rate equal to the six-month EURIBOR. This will be the sixth tranche of the issue. At the latest action of the issue, held on Nov 12, 2012, ARDAL sold EUR 94.2mn of the bond at an average annual price of 97.81%. Now, the government expects to sell EUR 150mn worth of the paper. The other bond to be auctioned on Feb 18 carries a fixed annual coupon of 4.625% and matures on January 19, 2017. This will be the fifth domestic tranche of the issue, of which Slovakia sold EUR 1bn in January in a syndicated offering on the international markets. At the previous action of the issue, held on Jan 21, 2013, ARDAL sold EUR 223mn of the bond at an average yield of 1.087%. Now it expects to sell EUR 200mn worth of the paper.

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

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 296
Dismiss