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Croatia beats target in T-bills auction, yields mixed

Dec 30, 2014, 1:06:30 PMArticle by Djordje Daskalovic
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December 30 (SeeNews) - Croatia sold six-month and one-year T-bills worth a total of 640 million kuna ($101.6 million/83.5 million euro), above its target offer of 600 million kuna, the finance ministry said on Tuesday.

Croatia beats target in T-bills auction, yields mixed
Ivan Smuk/Shutterstock.com

The yield on the 590 million kuna in one-year T-bills that were sold was 1.5%, flat from the previous auction held on December 9. The 50 million kuna in six-month debt paper that was sold achieved a yield of 0.6%, down from the 0.63% achieved at the December 9 auction, the ministry said in a statement.

(1 euro=7.6621 Croatian kuna)

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