Yields on government bonds fell

Slovakia managed to sell €1.3bn worth of bonds on Monday. Yields demanded by investors fell compared to November, although Fitch downgraded Slovakia's credit rating and banks warned of lower demand due to the special bank tax. This is due to increased demand for euro area bonds on global markets. For 8-year bonds, the yield fell from 3.83% to 3.35%. Of the total, 30-year bonds accounted for €850m. This year, the state plans to sell €10bn worth of bonds, on par with last year.

(sita.sk)