Structural Reforms and Economic Outlook of Slovakia

Government Bond Portfolio Metrics Average maturity increased steadily since 2012 – maintained above 8 years since 2018 ✓ At the same time average YTM was reduced significantly Average Maturity and Yield Metrics for Slovakia ARDAL 9 4.5% 4.0% 8 3.5% 7 3.0% 6 2.5% 54 3 III 2.0% 1.5% 1.0% 0.5% 2 0.0% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Avg. Maturity (years, Ihs) Avg. YTM (new issuance, rhs) H 26 Source: ARDAL, data as of June 30, 2021

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