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Size more in line with normal but high demand continues

SLOVAKIA AUCTION RESULTS
  • Quick comment on that Slovakian auction. The size is much more in line with auctions we would typically see (after the large takeup of the 1.00% Oct-51 SlovGB in January and the special auction to launch the 2/4-year SlovGB issues.
  • Looking at the high bid-to-covers it's clear that there is continued demand for SlovGBs.

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