Slovenia shrugs off haters as it revels in $11bn order orgy

Slovenia attracted a whopping $11bn plus of orders to its first dollar benchmark in 16 years on Friday. The deal was a stunning result for the sovereign which has been subject to months of speculation that it could require a EU bailout to deal with its troubled banking sector. Demand was so intense for the 10 year note that the deal came at least 30bp through initial price thoughts and even through Slovenia’s euro curve.