Slovenian bonds due in September 2024 traded at 3.23% on the MTS electronic exchange during the day, a new low after having slipped below the yield demanded when Slovenia joined the eurozone in 2007 already last month.

The Slovenian papers benefited from a broad drop in yields on eurozone bonds a day after the ECB cut its benchmark interest rate by 10 basis points to 0.15%, an all-time low.

The ECB also introduced a negative rate for bank deposits and adopted several other measures to promote economic activity in the single currency area.

While Slovenian bonds are trading around 0.1 percentage points lower today, those of Spain and Italy are down by about 0.2 percentage points, to 2.64% and 2.87% respectively.