Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Slovakia's Gross Funding Needs to Amount to EUR6 Billion in 2022; 1-2 New Government Bonds Expected

12/08/2021 | 10:35am EST

By Emese Bartha

Slovakia's gross funding needs should reach 6.0 billion euros ($6.76 billion) in 2022, the Slovak debt and liquidity management agency Ardal said Wednesday.

Ardal plans to open one or two new government bond lines next year, via syndication and/or auction, it said.

The new bonds Ardal envisages for next year are a bond line with an issue size of EUR3 billion or EUR5 billion and with medium-term maturity, and a bond with issue size of EUR5 billion and with long-term maturity, it said.

The total expected amount to be sold via syndicated sales is EUR2 billion to EUR3 billion, regardless of the number of transactions, it said.

Similarly to its historical pattern, Ardal plans to conduct bond auctions once per month, with two to four bonds to be sold simultaneously, it said. The debt agency plans to conduct auctions in January to June, and in September to November, with no auctions envisaged in July, August and December.

Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

12-08-21 1035ET

Latest news "Economy & Forex"
04:10aWhat are Europe's options in case of Russian gas disruption?
RE
04:09aChina shares, yuan drop after U.S. Fed turns more hawkish
RE
04:07aItaly's fourth vote for president seen failing, stakes rising
RE
04:06aNew Honduras leader says she hopes to maintain Taiwan ties
RE
04:06aRenault-Nissan to do more together in $26 billion electric bet
RE
04:05aNasdaq 100 e-mini futures turn flat in european morning trade; s…
RE
04:04aSpain's unemployment drops to lowest since before financial crisis
RE
04:03aNorway wealth fund earns $177 bln in 2021
RE
04:03aHong Kong Exchange Fund's 2021 investment income at HK$170.5 billion - HKMA
RE
04:01aChina says it questioned then returned Indian citizen at disputed border
RE
Latest news "Economy & Forex"