State bond yields are growing
The state issued two new bonds, a €2bn 12-year bond with a coupon of 3.75% p.a. and a €1.5bn 20-year bond with a coupon of 4%. This was the second largest syndicated issue in Slovakia’s history. The risk premium of the 12-year bond is 80 basis points over interest rate swaps and of the 20-year bond at 120 basis points. The issue was managed by Barclays, Deutsche Bank, SLSP, Tatra banka and VÚB.
(teraz.sk)
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