December 6 (SeeNews) - Croatia's finance ministry said it sold last week in an auction 1.315 billion kuna ($184 million/175 million euro) worth of three issues of government securities, below its target of 1.4 billion kuna.
At the auction held on November 29, the ministry sold 55 million kuna worth of 91-day Treasury bills, below its target of 100 million kuna, the finance ministry said in a statement. The yield on the three-month issue was 0.08%, down from 0.10% compared to the previous auction of three-month T-bills held on June 21.
The ministry also sold 140 million kuna worth of 182-day T-bills, above its targed of 100 million kuna. The yield on the six-month issue was 0.10%, unchanged in comparison with the previous auction of six-month T-bills held on October 18.
It also sold 1.120 billion kuna worth of one-year T-bills, below its target of 1.2 billion kuna. The yield on the one-year issue came in 0.20%, also flat compared to the previous auction of one-year kuna-denominated Treasury bills held on October 18.
Details follow in millions of kuna, unless stated otherwise:
|
November 29
3-month
(kuna)
|
June 21
3-month
(kuna)
|
November 29
6-month
(kuna)
|
Oct 18
6-month
(kuna)
|
November 29
1-year
(kuna)
|
Oct 18
1-year
(kuna)
|
Amount offered |
100 |
300 |
100 |
200 |
1.200 |
400 |
Amount sold |
55 |
380 |
140 |
230 |
1.120 |
546 |
Total bids placed |
155 |
380 |
270 |
230 |
2.065 |
546 |
Average accepted price |
99.980 |
99.975 |
99.952 |
99.952 |
99.801 |
99.801 |
Yield |
0.08% |
0.10% |
0.10% |
0.10% |
0.20% |
0.20 |
November 29
3-month
(kuna)
June 21
3-month
(kuna)
November 29
6-month
(kuna)
Oct 18
6-month
(kuna)
November 29
1-year
(kuna)
Oct 18
1-year
(kuna)
(1 euro = 7.556 Croatian kuna)