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Croatia sells 1.7 bln kuna (256 mln euro) of 1-yr T-bills, above target - table

Author Annie Tsoneva
Croatia sells 1.7 bln kuna (256 mln euro) of 1-yr T-bills, above target - table Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

ZAGREB (Croatia), January 19 (SeeNews) - Croatia's finance ministry said on Wednesday it sold 1.7 billion kuna ($226 million/256 million euro) worth of one-year Treasury bills, above its 1.3 billion kuna target, at an auction held on January 18.

The government securities issue yielded 0.01%, compared to 0.00% at the the previous auction of one-year kuna-denominated T-bills held on November 30, the finance ministry said in a statement.

The new issue will mature on January 19, 2023.

Details follow in millions of currency units, unless stated otherwise:

Jan 18 (kuna) Nov 30 (kuna) Oct 19 (kuna)
Amount offered 1,300 2,000 300
Amount sold 1,700 1,959 264
Total bids placed 2,011 2,244 734
Average accepted price 99.986 100 100
Yield 0.01% 0.00% 0.00%

The ministry will hold its next T-bill auction on February 8.

(1 euro = 7.523 kuna)

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