The existing Slovak legislation enables foreign investors to purchase state's bonds, whereas purchase of treasury bills requires approval by the Ministry of Finance.
According to the director of the Department of State Account, the Ministry of Finance is considering the possibility of opening the treasury bills market for foreign investors. This would strengthen the market's liquidity.
The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.
For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +421 7 5340 545, fax: +421 7 5340 542 or e:mail directly to [email protected] or enter text search 'Arthur Andersen' and 'Business Monitor'.
According to the director of the Department of State Account, the Ministry of Finance is considering the possibility of opening the treasury bills market for foreign investors. This would strengthen the market's liquidity.
The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.
For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +421 7 5340 545, fax: +421 7 5340 542 or e:mail directly to [email protected] or enter text search 'Arthur Andersen' and 'Business Monitor'.
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