On Wednesday, the government issued €1 billion worth of bonds. The bonds mature in May 2036 and carried a yield to maturity of 3.609 percent. Demand for Estonian government bonds proved to be strong: more than 100 investors sought to subscribe for over €2.2 billion in bonds, representing 2.2 times oversubscription. The purchasers are primarily banks, pension funds, and investment funds from European countries. [...]