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Published on 8/30/2010 in the Prospect News Emerging Markets Daily.

New Issue: Slovak Republic auctions €135.6 million bonds due 2020 to yield 3.6924%

By Richard Connell

New York, Aug. 30 - The Ministry of Finance of Slovak Republic auctioned €135.6 million in a reopening of its bonds due March 27, 2020, pricing them with a weighted average interest rate of 3.6924%.

The minimum interest rate accepted was 3.563%, and the maximum interest rate accepted was 3.7533%.

Bids were received for €243.6 million.

The cut-off price was 101.95.

Issuer:Ministry of Finance of Slovak Republic
Issue:Government bonds
Amount:€135.6 million
Maturity:March 27, 2020
Average interest rate:3.6924%
Cut-off price:101.95
Auction date:Aug. 30
Settlement date:Sept. 2

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