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CROS-R-A - Croatia Osiguranje Dd News Story

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Sector
Financials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £389.9m
Position in Universe th / 636

UPDATE 1-Croatia to open books on Feb. 1 for new local bonds

Wed 30th January, 2019 9:36am
(Adds details)
    ZAGREB, Jan 30 (Reuters) - Croatia will open the books on
Feb. 1 for two new local bonds,  together worth around 6 billion
kuna ($924 million), one of the arrangers said on Wednesday.
    "The books will open on Feb. 1 at 0900 (0800 GMT). The bonds
will be issued on Feb. 5," the arranger said. Four major local
banks were chosen to manage the bonds.
    The finance ministry will offer a three-year bond
denominated in euros and a 10-year bond denominated in the
national kuna currency.
    On Jan. 31, the ministry will auction a 15-month treasury
bill worth 1.0 billion euros, 1.5 billion euros of which 
matures next week. urn:newsml:reuters.com:*:nL8N1ZP25P The three-year euro-denominated
bond will extend the maturity of part of the maturing bill.
    The kuna-denominated bond is a second tranche of a bond
whose first tranche, worth five billion kuna, was issued in July
last year.
    
($1 = 6.4920 kuna)

 (Reporting by Igor Ilic; editing by Larry King)
 ((igor.ilic@thomsonreuters.com; +385 1 4899 970; mobile +385 98
334 053;))
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