September 24, 2018

Upper ceiling for bonds on foreign market doubled

The maximum ceiling for the issuance of Medium Term Notes on foreign markets has almost doubled, from EUR 8 bln to EUR 15 bln. The ceiling also expanded in order to cover the years to come, namely during 2014-2016. The hiking of the borrowing ceiling and the expansion of the program were decided on Wednesday during the government’s meeting. The government underlined that the gross financing needs through the issuance of state bonds on international capital markets for 2014-2016 will thus be covered.

Source: Nine o’clock (read more)

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