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Nov 23, 2017 18:40 EEST
November 23 (SeeNews) - Croatia's finance minister, Zdravko Maric, said on Thursday the government is set to issue a six-year bond on the domestic market to finance maturing obligations.
Croatia will use the proceeds from the new bond issue to refinance a seven-year kuna-denominated bond maturing in a few days, Maric said during a news conference in Zagreb following a weekly government session.
Further details on the planned new bond issue will be made public shortly, Maric noted.
After an auction held this week, Croatia's total treasury bill debt amounts to 18.045 billion kuna ($2.8 billion/2.4 billion euro), according to data published on the website of the finance ministry.
Last week, Croatia placed a 2030 bond worth 1.275 billion euro ($1.5 billion) on the international market.
(1 euro=7.57634 kuna)
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