Slovenia: Demand for new bonds exceeded 785 million dollars
Slovenia issued a ten-year state bond worth 500 million dollars, with a coupon rate of 5.6 percent, while investor demand exceeded 785 million dollars, the country's Ministry of Finance announced.
TL;DR
- Slovenia issued a $500 million, 10-year state bond with a 5.6% coupon rate.
- Investor demand for the bond exceeded $785 million.
- This is Slovenia's second foray into the dollar capital market since 2014.
- The annual yield for investors is 5.63%.
- The issuance was organized by Barclays, Deutsche Bank, DZ Bank, J.P. Morgan, and Raiffeisen Bank.
- 65% of investors are from continental Europe, 15% from Asia and the Middle East, 12% from Great Britain, and 8% from North America.
- Fund managers and banks/private banks represent 32% of investors, followed by central banks and official institutions (27%).
- Slovenia's public debt is expected to be 64.6% of its GDP this year.