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