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THE MINISTRY OF FINANCE CANCELLED THE AUCTIONS FOR SALE OF GOVERNMENT SECURITIES PLANNED FOR JUNE

10.06.2015

The Ministry of Finance has decided not to hold the auctions for sale of Government Securities (GS) planned in the issue calendar for June 2015. The decision results from the estimate for the current performance of the revenue side of the Consolidated Fiscal Programme and the high fiscal reserve, as well as the highly volatile situation on the international capital and debt markets.

The Ministry of Finance, in its capacity of GS issuer, will continue to carefully monitor the market situation and in the following months will pursue an issuance policy consistent with the needs for budget financing at the best possible terms.

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