Croatia may issue bonds to citizens and companies in 2013 - finance minister.

By bne IntelliNews January 13, 2012
The Croatian government might issue bonds to the citizens and companies in 2013 after it wins their trust this year via stabilising the state finances and credit rating, news agency HINA reported, quoting finance minister Slavko Linic as saying. He said that there are no precise plans yet on the size and the interest rates of such a bond issue as the government should first show it is responsible in spending the state money and relieving the burden on the economy. "Only after we gain their confidence, we can offer them bonds," HINA quoted him as saying. Linic pointed out to a recent decision of a Belgium government, which borrowed EUR 6bn from the citizens at interest rates of between 3.5% and 4.2%.

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