April 7 (SeeNews) - Slovenia has mandated five international banks to lead manage a new euro-denominated issue of 10-year government bonds, the finance ministry said.
Parallel with that, Barclays, BNP Paribas, Credit Agricole CIB, Deutsche Bank and J.P. Morgan will also lead manage a reopening of Slovenia's 0.200% notes due on March 31, 2023 as well as - depending on investor interest - a reopening of the 3.125% notes due on August 7, 2045, the finance ministry said in a statement on Monday.
The new 10-year SLOREP benchmark will mature on July 15, 2030, the ministry said, adding that the transaction is expected to be launched in the near future, subject to market conditions.
Only last month, Slovenia sold a new 850 million euro ($924 million) issue of three-year government debt and placed a further 250 million euro as an increase of its outstanding 1.1875% notes due on March 14, 2029.
The issues were sold at a re-offer price of 99.842% for the 3-year notes and 104.262% for the March 2029 tap, representing a re-offer yield of 0.253% and 0.695%, respectively. Books were in excess of 1.35 billion euro and 380 million euro, respectively.
($=0.919763 euro)