Slovak Republic buys back €64.91 million bonds at 0.613% average rate

By Susanna Moon

Chicago, March 12 - The Slovak Republic's Ministry of Finance repurchased €64,910,867 of bonds due May 4, 2012 at an auction held on Monday.

The cut-off price was 99.917.

Holders submitted total repurchase bids for €64,910,867, €7,996,435 million of which came from non-residents, according to a government announcement.

The average interest rate was 0.613%. The minimum rate was 0.5961%, and the maximum rate was 0.6824%.

Settlement is expected to occur on March 14.

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