BRATISLAVA, March 19 - Slovakia sold 300.6 million euros
worth of four-year, 3.5 percent stat
e bonds in an
auction on Monday, the finance ministry's Debt and Liquidity
Management Agency (ARDAL) said.
The bonds mature on Feb. 24, 2016. The bid/cover ratio was
1.783 in the eleventh tranche of the paper, compared with 1.17
in a previous sale in October.
ARDAL had expected to sell 100 million euros worth of the
paper in Monday's auction, the euro zone country's first bond
sale since March 10 election, where leftist Smer party won an
outright majority and will form a cabinet on its own.
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AUCTION DATE 19/03/12 31/10/11
AVG. ACCEPTED YIELD (pct) 2.8465 3.3106
HIGHEST ACCEPTED YIELD (pct) 2.8986 3.4208
LOWEST ACCEPTED YIELD (pct) 2.7899 3.1821
TAIL (max yield minus avg. yield) 0.0521 0.1102
PERCENTAGE ACCEPTED AT CUT-OFF PRICE 81.2987 100
TOTAL BIDS (mln euro) 536.100 35.0
ALLOTED (mln euro) 300.600 30.0
BID/COVER 1.783 1.17
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Settlement date: March 21, 2012
(Reporting by Martin Santa)
Keywords: SLOVAKIA BONDS/
(martin.santa@thomsonreuters.com)(+421 2 5341 8402)(Reuters)(Messaging: martin.santa.reuters.com@reuters.net)
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