Ljubljana, 07 January (STA) - Slovenia issued on Tuesday a 30-year bond worth a billion euros with a coupon rate of 3.5%, the Finance Ministry said.
The transaction represents Slovenia's first 30-year benchmark tranche issued since 2020, and the first euro-denominated 30-year benchmark tranche issued by a sovereign in 2025, according to the ministry.
Slovenia announced the mandate on Monday and books were opened on Tuesday morning, with demand exceeding EUR 3.2 billion before the spread was tightened.
The final issue size was set at EUR 1bn and order books were in excess of EUR 2.1bn, including EUR 410 million from the joint bookrunners.
55% of the issue was bought by asset managers, 18% by insurers and pension funds, 17% by central banks, and 10% by banks.
Broken down by geography, 39% of the issue was bought by UK investors, 25% from Germany, Austria and Switzerland, and 17% from the Nordics.
Slovenia has made it a habit to tap the debt market in the first days of the year, leveraging string investor interest in sovereign debt.
This year the treasury is allowed to borrow up to EUR 4.6 billion.
