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 offered |
200 |
500 |
100 |
100 |
Amount sold (kuna) |
283 |
690 |
200 |
0 |
Total bids placed (kuna) |
288 |
970 |
244 |
5 |
Average accepted price |
99.920 |
99.925 |
99.993 |
- |
Yield |
0.08% |
0.08% |
0.03% |
- |
(1 euro = 7.42527 kuna)