September 21 (SeeNews) - Slovenia has reopened a 16-year bond due in March 2032 to add 500 million euro ($494 million) and bring its new outstanding amount to 3.83 billion euro, it said.
"At closing, the order book exceeded 1.8 billion euro (including 530 million euro of orders from the organisers of the issue)," the finance ministry said in a statement on Wednesday.
The price of the additional issue of the bond was set with a yield to maturity of 3.087% and a spread of 119 basis points over the German benchmark ten-year bond, the finance ministry said.
The mandate was announced to the market earlier on Wednesday with the aim to execute the transaction intraday, as Barclays, BNP Paribas, Erste Group and JP Morgan have been selected as lead managers, the ministry noted.
($ = 1.01138 euro)