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Third Auction of Slovene Development Fund

Ljubljana, 10 July - FUND/AUCTION
The Slovene Development Fund had Monday the third auction at the Ljubljana Stock Exchange. The auction offered 94 parcels of shares, i.e. shares of 78 companies and one parcel of the short-term notes of the Bank of Slovenia, to investment companies (DU) and authorized investment trusts (PID). Eight DU, representing 25 PID, and 14 PID, acting independently, bided for the offered parcels in the total amount of SIT 6.71 billion. The opening bid was surmounted in 48 parcels, 25 parcels were sold at a lesser bid and 14 at the opening bid, while 8 parcels were withdrawn from the auction due to the lack of bids.

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