Slovakia will offer two fixed-rate government bond issues with 4.8 and 9 years to maturity at its second auction for this year scheduled for February 17, the finance ministry's Debt and Liquidity Management Agency (ARDAL) said in a statement.
ARDAL will offer a 1.5% coupon bond, which matures on November 28, 2018. This will be the fourth tranche of the issue. At the previous action, held on January 20, 2014, ARDAL sold EUR 300mn of the bond at an average yield of 1.3102%. Now, the government expects to sell EUR 200mn worth of the paper.
The other bond to be auctioned bears an annual coupon of 3% and matures on February 28, 2023. This will be the fifth domestic tranche of the issue. At the previous auction, held on November 18, 2013, ARDAL sold EUR 62mn of the bond at an average yield of 2.518%, ARDAL expects to sell EUR 200mn of the issue.
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