ZAGREB, Feb 20 (Hina) - Finance Minister Mato Crkvenac on Thursday informed the government of a successful placement of Croatia's Eurobonds, worth 500 million euros, on European financial markets last week.
ZAGREB, Feb 20 (Hina) - Finance Minister Mato Crkvenac on Thursday
informed the government of a successful placement of Croatia's
Eurobonds, worth 500 million euros, on European financial markets
last week. #L#
The results are much better than in previous years, with an
extremely favourable interest rate of 4.625 percent per anua, the
minister said.
Crkvenac stressed that debt expenses were significantly lower than
in previous years. For instance in relation to 1999, the costs have
decreased by some 100 million euros.
The government forwarded to parliament a bill on the ratification
of a free trade agreement with Yugoslavia, which was signed on
December 23 in Belgrade.
(hina) it sb