The government might decide not to issueEurobonds in 2005, the Finance minister Ivan Miklos stated. According to him, the situation on the domestic financial markets allowed for the budget to be financed through domestic floats of government securities. Moreover, he noted that the liquidity of the budget should improve with the establishment of the treasury system from next year. Earlier, the cabinet planned the biggest yet Eurobonds float of EUR 1bn in May. The draft budget law still allows for such an issue to be placed. The bonds were expected to have a ten-year maturity and their float might be delayed till H2 of 2005.
Slovakia to reconsider issuing Eurobonds in 2005