Slovenia sold EUR 500m in 18-month treasury bills on Tuesday, in the biggest short-term debt issue for the country this year.
The annual interest rate on the papers which were scooped up mostly by domestic banks stands at 0.45%, which is significantly lower than previous such issues.
Demand surpassed supply with bids ranging from interest rates of 0.1% to 0.7%.
The buyers include all of the biggest banks in the country, as well as US investment bank Jefferies.
This is the biggest issue of debt papers since Slovenia issued US$3bn on the US market in early February.
It also comes 18 months after Slovenia issued EUR 1.1bn in treasury bonds at an interest rate of 4.15%, which will come due on Thursday.
Source: SloveniaTimes
