Slovakia Raises Over Half A Billion Euros Through Bond Sales

Slovakia Raises Over Half A Billion Euros Through Bond Sales

Slovakia has borrowed another 530 million euros on financial markets through the sale of government bonds in four auctions on Monday. The bonds have maturities ranging from three to 25 years, with yields ranging from 3.62 to 4.69 percent.

The largest amount, 262 million euros, was raised through bonds maturing in 2037, with an average yield of 4.44 percent. A further 103 million euros came from ten-year bonds, while 92 million euros was raised through bonds maturing in 2029. Investors also bought 73.4 million euros’ worth of bonds due in 2051. According to Slovakia’s Debt and Liquidity Management Agency, investor demand exceeded 1.2 billion euros, more than double the amount the state ultimately raised.

Source: TASR

Veronika Ščepánová, Photo: AP/TASR

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