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.

Published: 
Thursday, January 15, 2015