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Croatia sells 1.3 bln kuna (171.5 mln euro) of one-year, six-month T-bills - table

Croatia sells 1.3 bln kuna (171.5 mln euro) of one-year, six-month T-bills - table Photo: All Rights Reserved

ZAGREB (Croatia), March 2 (SeeNews) - Croatia's finance ministry said on Tuesday it sold 1 billion kuna ($159 million/132 million euro) worth of one-year Treasury bills, in line with target, and 320 million kuna worth of six-month T-bills, above target, at auctions held on March 2.

The one-year issue yielded 0.02%, down from 0.03% at the last auction of one-year T-bills held on February 23, the finance ministry said in a statement.

The six-month T-bills yielded zero percent, down from 0.05% at the last auction of six-month government paper held on August 20, 2019.

The six-month and the one-year issues auctioned on Tuesday will mature on September 2, 2021, and March 3, 2022, respectively.

Details follow in millions (unless stated otherwise):

March 2 (1-yr) Feb 23 (1-yr) March 2 (6-mo) Aug 20, 2019 (6-mo)
Amount offered 1 bln 900 200 100
Amount sold 1 bln 1 bln 320 20
Total bids placed 2.4 bln 2.2 bln 580 20
Average accepted price 99.985 99.970 100.000 99.973
Yield 0.02% 0.03% 0% 0.05%

(1 euro = 7.5797 kuna)

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