Slovakia sold €2 billion of Eurobonds in a syndicated sale amid a declining risk premium after the government adopted a package of measures to curb the budget deficit.
Demand for the seven-year bonds exceeded €7.5 billion and the notes were priced at 70 basis points over midswaps, a tighter spread from the initial guidance of 90 basis points, according to termsBloomberg Terminal from a person familiar with the transaction who asked not to be identified because the details haven’t been made public.