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The yield represents a 4.05 point spread on the benchmark 10-year German bunds, whose yield stands at 1.68%.

While investors demanded a yield of around 5% on Slovenian bonds in March, this spiked after Cyprus was bailed out in late March and speculation grew that Slovenia would be the next in line to require international financial aid.

In April, the yield on Slovenian bonds briefly surpassed the 7% rate widely viewed as representing the last still sustainable level of interest for borrowing.

Since then it has only briefly fallen to below 6%, but always rebounded back above the mark.

In recent weeks it has been dropping gradually following positive assessments of Slovenia's efforts to tackle its excessive budget deficit and implement structural reforms by the European Commission.

Parliament moreover passed last Friday that 2014 and 2015 budgets, which have been okayed by the Commission as well.

What is more, Slovenia issued a EUR 1.5bn three-year eurobond on Friday, a surprise move considering recent statements that it would not undertake new borrowing until early next year.

The bond, a three-year private placement with a sole investor, has a coupon interest of 4.7% and was sold at 99.6% of nominal value, meaning that the yield was slightly above the coupon rate.