Slovenia Plans to Issue 10-Year Government Bonds in US Dollars
4 Articles
4 Articles
The new government's first borrowing will be the seventh intervention in financial markets this year and the second in foreign currency.
Slovenia has granted a mandate to Barclays, Deutsche Bank, DZ Bank, JP Morgan and Raiffeisen Bank International to issue a 10-year benchmark government bond denominated in US dollars. Depending on market conditions, the issue is expected to be carried out in the near future, the Ministry of Finance announced.
The state today issued a 10-year bond in the amount of $500 million. As the Ministry of Finance pointed out, the US dollar is a strategic currency for Slovenia, and this transaction represents Slovenia's second return to the dollar capital market after 2014. Investor demand exceeded $785 million.
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