October 22 (SeeNews) - Croatia's finance ministry said on Tuesday it sold 711 million kuna ($106.4 million/95.6 million euro) worth of one-year Treasury bills, above its 500 million kuna target, and 58 million euro of one-year T-bills, above the 30 million euro target.
The yield on the kuna-denominated issue fell to 0.06%, from 0.07% at the last auction of one-year kuna-denominated T-bills held on August 27, the finance ministry said in a statement.
The euro-denominated T-bills yielded a negative 0.05%, unchanged compared with the last auction of one-year euro-denominated government paper also held on August 27.
Both issues auctioned on Tuesday will mature on October 22, 2020.
Details follow in millions (unless stated otherwise):
Auction date |
October 22 (1-yr euro) |
August 27 (1-yr euro) |
October 22 (1-yr kuna) |
August 27 (1-yr kuna) |
Amount offered |
30 |
40 |
500 |
200 |
Amount sold |
58 |
32 |
711 |
81 |
Total bids placed |
58 |
50 |
1.3 bln |
81 |
Average accepted price |
100.050 |
100.050 |
99.940 |
99.935 |
Yield |
-0.5% |
-0.5% |
0.06% |
0.07% |
(1 euro = 7.43931 kuna)