New Issue: Slovak Republic sells €285.4 million government bonds in two tranches

By Susanna Moon

Chicago, March 20 – The Slovak Republic’s Ministry of Finance auctioned €91.4 million of 230 D bonds due 2023 and €194 million of 228 G bonds on Monday.

The issuer accepted bids for €91.4 million of bonds at an average price of 96.483 with an average yield to maturity of 0.5401%, according to a term sheet.

The issuer accepted bids for €194 million of bonds at an average price of 101.8197 with an average yield to maturity of 1.1779%, according to a separate term sheet.

Issuer:	Ministry of Finance of the Slovak Republic
Issue:	Government bonds
Amount:	€285.4 million
Auction date:	March 20
Settlement date:	March 22
Tranche 1
Amount:	€91.4 million
Maturity:	Nov. 13, 2023
Average price:	96.483%
Average yield:	0.5401%
Tranche 2
Amount:	€194 million
Maturity:	Jan. 21, 2027
Average price:	101.8197%
Average yield:	1.1779%

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