SOGEI website background

Croatia sells 1.5 bln euro ten-year bond

Croatia placed abroad a ten-year Eurobond worth 1.5 billion euro ($1.7 billion), yielding 1.324%, to refinance maturing debt, the finance ministry said. The debt issue was sold on Wednesday with an annual coupon of 1.125%, the ministry said in a statement. Bids totalled 5.5 billion euro, some 3.7 times higher than the amount on offer. [...]