January 17 (SeeNews) - Croatia's finance ministry said it sold on Tuesday in an auction 148 million euro ($160 million) worth of three issues of government securities, below its target of 200 million euro.
At the auction, the ministry sold 15 million euro worth of 91-day Treasury bills, below its target of 30 million euro, the finance ministry said in a statement. The yield on the three-month issue was 2.00%, up from 0.20% at the previous auction of three-month euro-denominated T-bills held on February 23, 2016.
The ministry also sold 23 million euro worth of 182-day T-bills, below its target of 30 million euro. The yield on the six-month issue was 2.20%. So far, six-month euro-denominated T-bills had not been traded.
It also sold 109.97 million euro worth of one-year T-bills, below its target of 140 million euro. The yield on the one-year issue came in 2.50%, compared to a negative 0.05% in the previous auction of one-year euro-denominated T-bills held on May 17, 2022.
The 91-day issue will mature on April 20, the 182-day issue will mature on July 20 and the one-year issue will mature on January 18, 2024.
Details follow in millions of euro, unless stated otherwise:
|
January 17, 2023
3-month
(euro)
|
February 23, 2016
3-month
(euro)
|
January 17, 2023
6-month
(euro)
|
6-month
(euro)
|
January 17, 2023
1-year
(euro)
|
May 17, 2022
1-year
(euro)
|
Amount offered |
30 |
5 |
30 |
|
140 |
10 |
Amount sold |
15 |
11 |
23 |
not traded earlier |
109.97 |
11 |
Total bids placed |
81 |
12.5 |
106 |
|
390.26 |
23 |
Average accepted price |
99.504 |
99.950 |
98.915 |
|
97.568 |
100.050 |
Yield |
2.00% |
0.20% |
2.20% |
|
2.50% |
-0.05% |
January 17, 2023
3-month
(euro)
February 23, 2016
3-month
(euro)
January 17, 2023
6-month
(euro)
6-month
(euro)
January 17, 2023
1-year
(euro)
May 17, 2022
1-year
(euro)
($ = 0.927 euro)