The third installment of the bonds has a fixed annual interest rate of 5.5 percent and the payment deadline is 2014.
Leading agents and sponsors of the bonds' listing are Privredna Banka Zagreb (PBZ), Raiffeisenbank Austria (RBA) and Zagrebacka Banka.
The third installment of the RHMF-O-142A bonds is an integral part of the first installment worth 200 million euros issued in February this year and the second installment of 150 million euros issued a month later.
A total of 650 million euros presents, thus, the highest amount of bonds issued by the government so far.
The decision on the issuance of the third installment was made by the Ivo Sanader cabinet last Friday.
This will not increase the country's indebtedness or the public debt, Finance Minister Ivan Suker said at a session the government held last Friday. He explained that the bonds would be used for the payment of 200 million kuna of government bonds issued in 2001, the payment of the Croatian Health Insurance Agency's 410 million kuna loan from 2003 and the payment of 230 million kuna to the Croatian Highways company. Only 20 to 30 million kuna will be used to cover the budgetary deficit, Suker said.