Slovakia will start selling new government bonds for the public on March 3. The Investor bond, with a two-year term, offers a 3% annual return, while the Patriot bond, with a four-year term, offers 3.3%. The sale will run until March 31 or until all bonds are sold. The government plans to raise €400 million, with bonds available in multiples of €1,000 through selected banks. Unlike similar programs in other countries, these bonds will be tax-free and free of bank fees at purchase. Finance Minister Ladislav Kamenický recommends holding the bonds until maturity to secure the full return. On the secondary market, prices may vary, but tax exemptions will still apply.
Source: TASR
Patrícia Polakovičová, Photo: TASR
