Slovakia is planning to sell its first yen-denominated bonds in more than a decade in 2013 to spread out financing sources as the sovereign-debt crisis continues to hurt the euro area, a government official said. The euro-region member since 2009 may want to raise the equivalent of about 400 million euros ($511 million) in the sale of Samurai bonds, Deputy Finance Minister Vazil Hudak said. The sale will probably take place in May, after the end of the fiscal year in Japan, he said. The yield on the benchmark 4 percent 2020 euro-denominated note fell to 2.349 percent yesterday from 5.458 percent at the start of this year. "The strategy is to...
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