May 23 (SeeNews) - Croatia's finance ministry said on Tuesday it sold one-year T-bills worth a total of 400 million kuna ($60.6 million/53.8 million euro), well above its target of 350 million kuna.
The finance ministry also sold 20 million euro ($22.5 million) of one-year T-bills, twice the 10 million euro target, it said in a statement.
The yield on the kuna-denominated T-bills was 0.45%, as much as at the previous auction of one-year government securities held on May 3.
The yield on the euro-denominated T-bills was 0.05%, while total bids equalled 30.1 million euro in Croatia's first auction of euro-denominated government securities in 2017.
Details on the kuna-denominated T-bills follow:
|
May 23 |
May 3 |
Amount sold (mln kuna) |
400 |
409 |
Total bids placed (mln kuna) |
692 |
509 |
Accepted single auction price |
99.558% |
99.558% |
Yield |
0.45% |
0.45% |
(1 euro=7.43187 kuna)