October 21 (SeeNews) - Croatia's finance ministry said it sold 264 million kuna ($40.9 million/ 35.1 million euro) worth of one-year Treasury bills, below its 300 million kuna target, and 160 million euro ($186 million) worth of one-year Treasury bills, above the 140 million euro target.
The yield on the kuna-denominated issue was 0.00%, compared to 0.01% at the last auction of one-year kuna-denominated Treasury bills held on August 17, the finance ministry said in a statement on Tuesday when the T-bill auctions were held.
The yield on the euro-denominated Treasury bills was negative at -0.15%, compared to negative -0.05% at the last auction of one-year euro-denominated government paper held on May 18, the finance ministry said in a separate statement.
Both issues auctioned on Tuesday will mature on October 20, 2022.
Details follow in millions of currency units, unless stated otherwise:
|
Oct 19 (kuna) |
Aug 17 (kuna) |
Oct 19 (kuna) |
May 18 (euro) |
Amount offered |
300 |
1,000 |
140 |
10 |
Amount sold |
264 |
983 |
160 |
11 |
Total bids placed |
734 |
1,313 |
223.5 |
11 |
Average accepted price |
100 |
99.986 |
100.151 |
100.050 |
Yield |
0.00% |
0.01% |
-0.15% |
-0.05% |
100,151
The ministry will hold its next auction of treasury bills on November 30.
(1 euro = 7.518 kuna)