Slovakia planning to issue govt bonds worth 1.5bn dollars

The Debt and Liquidity Management Agency (ARDAL) announced on Friday it will issue ten-year government bonds denominated in US dollars worth a total of 1.5 billion dollars on May 21. The offer price has been set at 99.082 percent (of the nominal value of the bonds}. Interest income will be fixed, reaching 4.375 percent per annum. The nominal value of a share is 200,000 dollars. Interest incomes will be paid twice a year (on May 21 and November 21 of the current year). The bonds will mature on May 21, 2022.