Slovak News - August 1998 - Miscellaneous

Bratislava Stock Exchange (BCPB)

Based on the information provided by the Chamber of BCPB in respect of the project on establishing a financial derivatives market, trading with derivatives should start on 1 September 1998.

A market with derivatives should contribute to the revitalisation of the Slovak financial market.

The Chamber of BCPB approved the proposal of BCPB to amend the Act on Securities Exchange.

Rating of the state bonds

Moody's Investor Service, the rating agency, reviewed ratings of the state bonds of different Central European countries in June 1998.

State bonds of four Central European Countries denominated in national currencies were rated as follows.