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ZAGREB (Croatia), May 22 (SeeNews) - Croatia's finance ministry sold a total of 483 million kuna ($72.6 million/65.1 million euro) worth of one-year and three-month Treasury bills at an auction on May 21, above its 300 million kuna target, it said.
The yield on the one-year issue stood at 0.08%, same as the yield achieved at the last auction of one-year T-bills held on April 30, while the yield on the three-month government securities amounted to 0.03%, the finance ministry said in a statement on Tuesday.
The finance ministry rejected all bids submitted in the previous auction of three-month T-bills held on June 5, 2018 when it offered government securities worth 100 million kuna.
The one-year issue auctioned on Tuesday will mature on May 21, 2020, while the three-month issue will mature on August 22, 2019.
Details follow in millions of kuna (unless stated otherwise):
|Auction date||May 21 (1-yr)||April 30||May 21 (3-mo)||June 5, 2018|
|Amount sold (kuna)||283||690||200||0|
|Total bids placed (kuna)||288||970||244||5|
|Average accepted price||99.920||99.925||99.993||-|
(1 euro = 7.42527 kuna)