Record low borrowing rate on bond sale

SLOVAKIA’S Debt and Liquidity Management Agency (ARDAL) sold the 12-year government bonds to more than 30 countries in the January 13 auction. The sale was worth €1.5 billion, while the overall demand reached €5.5 billion. The bond interest yield amounted to 1.375 percent p.a., with the accepted price standing at 99.267 percent. The bonds will mature on January 21, 2027, the TASR newswire reported.

Thursday, January 15, 2015