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CROATIA PLACES EUR500 MILLION IN GOVERNMENT BONDS

ZAGREB/LONDON, Jan 28 (Hina) - Croatia has placed EUR500 million worth of government bonds on the international financial market for a period of seven years and at a 6.25-percent annual interest rate, Finance Minister Mato Crkvenac said in London on Monday. Last week Crkvenac headed a Croatian delegation presenting the domestic economy in eight European cities on the occasion of the bond issuance. The new bonds, for which Croatia incurred a debt under favourable conditions, will finance the settlement of liabilities under bonds issued in 1997.(hina) ha sb
ZAGREB/LONDON, Jan 28 (Hina) - Croatia has placed EUR500 million worth of government bonds on the international financial market for a period of seven years and at a 6.25-percent annual interest rate, Finance Minister Mato Crkvenac said in London on Monday. Last week Crkvenac headed a Croatian delegation presenting the domestic economy in eight European cities on the occasion of the bond issuance. The new bonds, for which Croatia incurred a debt under favourable conditions, will finance the settlement of liabilities under bonds issued in 1997. (hina) ha sb

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