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MINISTRY ISSUES 15-YEAR BONDS ON DOMESTIC MARKET

Izvor: HINA
ZAGREB, Nov 29 (Hina) - The Croatian Finance Ministry on Monday issued200 million euros worth of government bonds in the domestic market,with the period of payment of 15 years. The talon of bonds states afixed annual interest rate of 5.375 percent payable every six months.
ZAGREB, Nov 29 (Hina) - The Croatian Finance Ministry on Monday issued 200 million euros worth of government bonds in the domestic market, with the period of payment of 15 years. The talon of bonds states a fixed annual interest rate of 5.375 percent payable every six months.

The bonds are the longest-term bonds issued so far by the Finance Ministry. Funds collected through this model will be used to re-finance foreign debts incurred through samurai bonds.

The price was determined on Friday, 26 November, and it accounts for 99.655 percent of the nominal value which is one euro.

The bonds will be listed on Tuesday in the first quotations of the Zagreb and Varazdin stock markets, under the title RHMF-O-19BA.

Joint arrangers and sponsors of the issue are Erste & Steiermaerkische Bank (ESB), Privredna Banka Zagreb (PBZ), Raiffeisenbank Austria (RBA) and Zagrebacka Banka (ZABA).

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