Slovenia to Sell as Much as 1.5 Billion Euros in Bonds

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Slovenia, the country whose credit score is the highest in east Europe and on a par with Spain, plans to sell government bonds to secure financing before a possible increase in borrowing costs.

The former Yugoslav republic that adopted the euro in 2007 will sell up to 1.5 billion euros ($1.97 billion) of government securities which mature in 10 years or more, the Finance Ministry said in an e-mail response to questions. The ministry declined to give an exact date for the bond sale.