ZAGREB, Feb 7 (Hina) - Representatives of Croatia's government and central bank will present a new issue of government bonds in the amount of 500 million euros at the European financial market and to investors next week.
ZAGREB, Feb 7 (Hina) - Representatives of Croatia's government and
central bank will present a new issue of government bonds in the
amount of 500 million euros at the European financial market and to
investors next week. #L#
Leading the issue of bonds with a seven-year maturity are Deutsche
Bank and Salomon Smith Barney. The roadshow presentation begins in
Athens on the 10th, with Frankfurt, Munich, several Dutch cities,
and London to follow, Hrvoje Radovic, assistant finance minister in
charge of state debt management, told Hina on Friday.
The presentation wraps up next Friday, while the amount will be
known after the issue is presented to potential investors, he
said.
These eurobonds are issued in keeping with a bond-issuing plan and
the financing account for this year. Funds will mainly be used to
refinance immediate liabilities.
(hina) ha sb