Slovenia preparing to issue 60-year bond

Ljubljana – Slovenia plans to issue a 60-year bond subject to market conditions and has commissioned BNP Paribas, Deutsche Bank, Goldman Sachs Bank Europe SE and HSBC to manage the issue, the Finance Ministry announced on Tuesday.

Additional details have not been disclosed, but this would be the longest maturity for a bond Slovenia has ever issued.

The treasury currently has a 30-year bond outstanding due in 2050, and a 24-year bond which is due in 2040.

The announcement comes after the treasury issued 10-year benchmarks at a negative interest rate for the first time ever earlier this month.