SAI/ The government lost 11.5 million euros from the Eurobond

21/01/2020 9:54 AM 0 komente

FacebookLinkedinTwitteremailPrintThe State Supreme Audit (SAI) has stated in the 2018 actual budget report that the government has resulted in losses, since the issuance of the Eurobond in 2018, part of which was a repurchase of the existing 2015 Eurobond. This happened because the cost of repurchase was higher than keeping the existing Eurobond, therefore causing a loss of 11.5 million euros, according to SAI estimates. “Eurobond issuance during 2018 represents a complex task for the Ministry of Economy and Finance […]

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