31-08-2025, 10:03 PM
Wirtschaftsnachrichten für Artania
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Dorvish government issues new 10, 15 and 30 year state bonds.
January, 5669
The Dorvish Ministry of Finance in conjunction with the State Bank of Dorvik have announced a series of long-term bonds that are to be issued with the primary goal of attracting foreign investment in to the country. Finance Minister Julian Oldenberg (HKA) and President of the State Bank Vinzenz Kalkbrenner announced a series of 10, 15 and 30 year bonds that will be issued at a variable rate of 4% to 5% depending on market rates at the time of maturity. In recent years the Dorvish government has sought to refresh its foreign-based investment into the country and with the recent uptick in trade between Luthori and Dorvik, and with an increased amount of continental trade in Artania, the Dorvish government has sought to find foreign investors outside of Artania. According to the Ministry of Finance and the State Bank, these bonds will be available starting January, 5670 and will be afforded to all governments and private corporations who wish to purchase them. In a recent interview, the President of the State Bank Vinzenz Kalkbrenner noted that the bonds would be issued and mainly focused on providing infrastructure-based projects, including the modernization of several new off-shore oil rigs in the icy north, something that the Dorvish have sought to revitalize but have lacked gaining domestic investment. In addition, those bonds purchased that are earmarked for the Northern Oil revitalization will have the addendum of enhance profits coming from Northern Oil profits in addition to the interest generated from the bonds themselves. It is likely that traditional Dorvish trade partners such as Lodamun, Luthori, Egelion and others will find themselves in the field of investment in this fresh round of Dorvish government bonds.