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CONTRACT SIGNED ON ENTRY OF GOVT BONDS TOTALLING EUR150 MILLION

ZAGREB, May 22 (Hina) - Acting on behalf of the Republic of Croatia, the Finance Ministry, in its capacity as the issuer, and the Commercial Bank Zagreb, Raiffeisenbank Austria and Zagrebacka Banka, as the arrangers and sponsors of the issue, on Wednesday signed a contract on the entry of EUR150 million worth of government bonds, with maturity in 2012.
ZAGREB, May 22 (Hina) - Acting on behalf of the Republic of Croatia, the Finance Ministry, in its capacity as the issuer, and the Commercial Bank Zagreb, Raiffeisenbank Austria and Zagrebacka Banka, as the arrangers and sponsors of the issue, on Wednesday signed a contract on the entry of EUR150 million worth of government bonds, with maturity in 2012. #L# The latest bond issue is the first of three instalments amounting to EUR500 million. The other two instalments will be issued in September 2002 and December 2002 or January 2003, the banks reported. (hina) rml sb

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