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Published on 6/16/2014 in the Prospect News Emerging Markets Daily.

New Issue: Slovak Republic auctions €37 million notes due 2018 at 0.691% yield

By Susanna Moon

Chicago, June 16 – The Ministry of Finance of the Slovak Republic accepted bids for €37 million of notes due Nov. 28, 2018 at an average yield of 0.691%.

The cut-off price was 100.

The minimum rate was 0.6747%, and the maximum rate was 0.6971%.

Of the total amount, nonresidents submitted €92 million of bids, of which €17 million was accepted.

The total amount of bids received was €190.7 million.

Issuer:Slovak Republic
Issue:Notes
Amount:€37 million
Maturity:Nov. 28, 2018
Cut-off price:100
Average yield:0.691%
Auction date:June 16
Settlement date:June 19

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