Slovak Finance Ministry’s Debt and Liquidity Management Agency (ARDAL) plans for next year to have at least two emissions of state bonds. All will depend primarily on how financial markets will be functioning, and on demand.
If conditions are appropriate, the agency says it could open a bond issue with a maturity of fifteen years or more with a target value of €3 billion, a bond with a maturity of five years worth €3 billion or €1.5 billion, and seven-year bonds worth €3 billion. Next year, two emissions of treasury bills with a maturity of one year will also be issued. The first issue should be auctioned in April and the second in October.
Anca Dragu
