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3.5/10/15/25-year SlovGBs

SLOVAKIA AUCTION RESULTS

Slightly larger auction than we had expected at E580mln.

Coupon0.125% 4.00% 0.375% 2.00%
MaturityJun-27Oct-32Apr-36Oct-47
InstrumentSlovGBSlovGBSlovGBSlovGB
ISINSK4000017380SK4000021986SK4000018958SK4120013400
AmountE93mlnE198mlnE219mlnE70mln
PreviousE70mlnE150mlnE155mlnE40mln
Avg yield2.9779%3.1781%3.5085%3.4971%
Previous2.1228%3.3163%3.7099%3.9443%
Bid-to-cover1.92x1.83x1.32x1.04x
Previous1.26x1.58x2.59x1.23x
Avg Price88.3682106.788167.233875.4704
Low Price88.3000106.500067.150075.2500
Pre-auction mid88.356106.37767.03475.570
Prev avg price90.6411105.686865.263569.4506
Prev low price90.5000105.568065.000069.2500
Prev mid-price91.100105.24964.33469.934
Previous date20-Jun-2221-Nov-2221-Nov-2217-Oct-22

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