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Published on 3/21/2011 in the Prospect News Emerging Markets Daily.

New Issue: Slovak Republic auctions €35.09 million bonds due 2026 with 5.1171% average coupon

By Angela McDaniels

Tacoma, Wash., March 21 - The Slovak Republic's Ministry of Finance auctioned €35.09 million of bonds due May 10, 2026 on Monday, according to a government notice.

The average interest rate received was 5.2561%, and the average interest rate accepted was 5.1171%.

Bids were received for €129.29 million of bonds.

The cut-off price was 93.269.

Issuer:Ministry of Finance of Slovak Republic
Issue:Government bonds
Amount:€36,086,058
Maturity:May 10, 2026
Average coupon:5.1171%
Cut-off price:93.269
Auction date:March 21
Settlement date:March 23

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