Kempinski Hotels to invest 70 mln euro in Romania ski resort
UPDATE 1 - Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Serbia posts 47.8 mln euro budget deficit in Jan-Oct
Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Bosnia’s Pro Fin suspends subscription for new issue of 3-yr notes
Oct 12, 2007 15:07 EEST
October 12 (SeeNews) - Slovenia on Friday cancelled the issue of a five-year bond worth one billion euro ($1.4 billion) planned for the end of October.
“Due to the more favourable dynamics of monetary flows in the state budget in 2007 [...] the issue of the five-year bond, planned in the amount of one billion euro, will not be carried out in 2007,” the country’s Finance Ministry said in a statement.
The ministry will issue three three-month treasury bills by the end of this year, in October, November and December. Each will be worth 50 million euro, the statement added.
In January, the country said it planned to launch five-year and 11-year bonds with a par value of one billion euro each this year to cover its budget and debt management needs. In March, its one billion euro 11-year bond was oversubscribed more than four times.
Slovenia was the first of the 10 states that entered the European Union in 2004 to join the eurozone, in 2007, as its 13th member.
Slovenia hyas a population of two million.
($ = 0.7053 euro)
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