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Published on 2/18/2014 in the Prospect News Emerging Markets Daily.

New Issue: Slovakia prices €281 million total government bonds due 2018, 2023

By Jennifer Chiou

New York, Feb. 18 - Slovakia priced an overall €281 million of government bonds on Monday.

Specifically, it priced a €139 million issue of nine-year series 225E bonds with an average interest rate of 2.4178%. The issue received total bids for €399.6 million, €321.9 million of which was from non-residents.

Of the accepted bids, €134 million came from non-residents.

Slovakia also priced a €142 million issue of series 226D bonds due 2018 with an average interest rate of 1.1909%. The issue received total bids for €385 million, €178 million of which was from non-residents.

Of the accepted bids, €55 million came from non-residents.

Issuer:Slovakia
Issue:Government bonds
Total amount:€281 million
Trade date:Feb. 17
Settlement date:Feb. 20
Series 225E bonds
Amount:€139 million
Maturity:Feb. 28, 2023
Yield:2.4178 (average)
Series 226D bonds
Amount:€142 million
Maturity:Nov. 11, 2018
Yield:1.1909% (average)

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