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Published on 8/20/2012 in the Prospect News Emerging Markets Daily.

New Issue: Slovak Republic auctions €63.3 million notes due 2025 at 3.883% yield

By Tali David

Minneapolis, Aug. 20 - The Ministry of Finance of the Slovak Republic accepted bids for €63.3 million of notes due Oct. 14, 2025 at an average yield of 3.883%.

The cut-off price was 105.05.

The minimum rate was 3.83%, and the maximum rate was 4.0004%.

Nonresidents submitted €40.5 million of bids, of which €26 million was accepted.

The total amount of bids received was €128.7 million.

Issuer:Slovak Republic
Issue:Notes
Amount:€63.3 million
Maturity:Oct. 14, 2025
Cut-off price:105.05
Average yield:3.883%
Auction date:Aug. 20
Settlement date:Aug. 22

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