Success for Slovenian Bonds at US Market

Politics ♦ Published: May 3, 2013; 14:36 ♦ (Vindobona)

Slovenia was able to gain some of the required funds for the restructuring of its banking sector through the US bond market.

Success for Slovenian Bonds at US Market / Picture: © Vindobona.org

The auction of dollar bonds on Thursday with a running time of five and ten years came to a total of $ 3.5bn (€ 2.68bn) with a return of 4.95 % and 6 % respectively.

The success of the the bond is remarkable in regard to the fact that Moody’s downgraded the Slovenian creditworthiness to junk level Ba1 on Tuesday. Because of this disruptive action the Slovenian Finance…