PRISTINA (Kosovo), November 13 (SeeNews) – Kosovo's finance ministry said it sold 22.5 million euro ($26.6 million) worth of two-year Treasury notes at an auction held on Friday, in line with plan.
The average weighted yield on the government securities decreased to 1.08% from 1.14% at the last auction of two-year T-notes held in April, according to figures published by the finance ministry.
Details follow:
Auction date |
November 13 |
April 29 |
Amount offered (mln euro) |
22.5 |
25 |
Amount sold (mln euro) |
22.5 |
22.25 |
Total bids placed (mln euro) |
34.95 |
27.25 |
Bid-to-cover ratio |
1.55 |
1.22 |
Maximum accepted yield |
1.20% |
1.50% |
Minimum accepted yield |
0.85% |
0.68% |
Average weighted yield |
1.08% |
1.14% |
Coupon |
1.0% |
1.10% |
Source: Kosovo Finance Ministry
($ = 0.8459 euro)