Slowenien
On February 16, 2026, Slovenia successfully reopened its March 2036 bond, raising 8750 million through international markets. The transaction attracted significant investor demand, reflecting confidence in Slovenia's economic stability and fiscal management.
The Slovenian government initiated the reopening of its existing March 2036 bond to capitalize on favorable market conditions. The order book opened at approximately 09:25 CET, with initial guidance set at a spread of MS+40 basis points. Investor interest was robust from the outset, with demand exceeding 85 billion by 11:15 CET, allowing the spread to be tightened to MS+37 basis points. The final order book peaked at over 86.8 billion, enabling the Republic to set the spread at MS+35 basis points and issue 8750 million in bonds.
The bond attracted a diverse group of investors, with geographical distribution as follows:
Institutional investor distribution included:
The successful bond reopening underscores Slovenia's strong position in the international financial markets. The substantial oversubscription and favorable pricing indicate investor confidence in the country's economic policies and fiscal health. The funds raised are expected to support ongoing public projects and contribute to economic growth.
The Slovenian Ministry of Finance expressed satisfaction with the outcome, highlighting the efficient execution and positive market reception. The joint bookrunners for the transaction were BNP Paribas, Deutsche Bank, Erste Group, and J.P. Morgan, who played a crucial role in facilitating the process.
This bond reopening marks a significant milestone in Slovenia's financial strategy, reflecting the country's commitment to maintaining fiscal discipline and fostering a favorable investment climate.
