Slovenia Does Not Need to Raise Additional Cash Says Fin Min

Slovenia’s finance minister has said the country has sufficient cash “for quite a period” and will not attempt any further money raising efforts in the near term as the country readies 15 companies for privatization.

Finance minister Uroš Čufer also predicted that the country’s borrowing costs will fall further from current levels as the nation’s fundamentals look “strong”.
Earlier this month, Slovenia issued 2 billion euros ($2.76 billion) in bonds on international markets after a 3-year hiatus. The offering included 1 billion euros in 3-year bonds and another 1 billion euros in 7-year bonds.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza