According to STA, Slovenia mandated Barclays, BNP Paribas, Goldman Sachs, Societe Generale and Unicredit to sell a series of 20-year bonds. This is the first time for Slovenia to issue a 20-year bond, the longest-maturity bonds auctioned since the country's independence. To date, the longest maturity of any bonds issued was 15 years (in March 2011).

According to Radio Slovenia, Slovenian banks NLB and Abanka are to co-manage the issue. The size of the loan will depend on the situation in the financial markets. Just today, the government had to repay €1.1 billion in maturing debt.

The yield on 10-year Slovenian bonds hovered around 0.87 % in the morning, but spiked to more than 1 % after the government announced its intention to issue bonds.

A. Č.; translated by D. V.