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2026-05-28 17:30:43
[Slovenia Oversubscribed, Strong Demand for Floating-Rate Bonds, Local Banks Dominate 96%] ⑴ The Slovenian Ministry of Finance successfully issued €350 million (approximately US$406 million) of 7-year floating-rate euro bonds on Thursday, maturing on May 29, 2033. This issuance responded to domestic investor demand for floating-rate government financial instruments and helps further diversify the sources of funding for the national budget. ⑵ The Ministry of Finance announced on May 26 that it had entrusted local banks OTP Bank and UniCredit Banka Slovenija to lead the issuance. The order book opened at approximately 8:45 am on Tuesday, with initial pricing guidance at the six-month euro interbank lending rate plus 20 basis points. Demand was strong from the outset, reaching €375 million by 11:00 am, thus increasing the issuance size from the initially announced €250 million to €350 million. ⑶ Slovenian investors subscribed to 96% of the issuance, with the remainder coming from Austrian investors. By investor type, banks accounted for 90%, while insurance companies and investment funds had relatively lower participation.
