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MNI INTERVIEW:Slovakia Eyes 10-12Y Bond, Lower Issuance Target

(MNI) LONDON

Slovakia may not need to borrow as much as it had expected this year, the head of its debt office tells MNI.

Slovakia will look to issue a syndicated bond with a maturity of 10-12 years this autumn, the head of the country’s debt and liquidity management agency ARDAL told MNI, with a reduction in the annual issuance target also possible as a result of better-than-expected budget developments.

Despite double-digit inflation - much of it attributable to soaring energy costs - Bratislava so far has not introduced any fiscal support schemes that would materially affect funding plans announced in December, Peter Soltys said.

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Slovakia will look to issue a syndicated bond with a maturity of 10-12 years this autumn, the head of the country’s debt and liquidity management agency ARDAL told MNI, with a reduction in the annual issuance target also possible as a result of better-than-expected budget developments.

Despite double-digit inflation - much of it attributable to soaring energy costs - Bratislava so far has not introduced any fiscal support schemes that would materially affect funding plans announced in December, Peter Soltys said.

Keep reading...Show less