Slovakia Sells Bonds Worth €635 million to Swiss Investors

Bratislava, April 18 (TASR) - Slovakia managed to sell government bonds worth a total of €635 million on Thursday, the Finance Ministry said on Thursday, adding that Swiss investors showed interest in these bonds and after 10 years Slovakia managed to diversify its portfolio into a currency other than the euro. According to the ministry, the sale is the result of personal negotiations between Slovak Finance Minister Ladislav Kamenicky (Smer-SD) and representatives of the Debt and Liquidity Management Agency (ARDAL) led by Daniel Bytcanek, who visited Switzerland last week. They met with 40 representatives of Swiss banks and investors. "This sale also proves that the Slovak Republic maintains a very good credit on the financial market and that investors consider the government's intentions to improve public finances to be credible," added the ministry. am/mcs