August 22 (SeeNews) - Croatia's finance ministry sold on Tuesday six-month and one-year Treasury bills worth a total of 1.22 billion kuna ($193.7 million/164.8 million euro), above its 1.1 billion kuna target, it said.
The finance ministry was planning to offer 1 billion kuna of one-year T-bills and 100 million kuna of six-month debt paper at the auction.
The yield on the 1.2 billion kuna of sold one-year T-bills was 0.45%, flat from the previous auction held on June 27.
The yield on the 20 million kuna in six-month debt paper that was sold was 0.25%, down from 0.28% achieved during the last auction held on January 3.
Details follow on the 1-year T-bills:
|
August 22 |
June 27 |
Amount sold (mln kuna) |
1,200 |
646 |
Total bids placed (mln kuna) |
1,988 |
770 |
Par value |
99.558% |
99.558% |
Yield |
0.45% |
0.45% |
Details follow on the 6-month T-bills:
|
August 22 |
January 3 |
Amount sold (mln kuna) |
20 |
50 |
Total bids placed (mln kuna) |
20 |
50 |
Par value |
99.876% |
99.861% |
Yield |
0.25% |
0.28% |
(1 euro=7.40363 kuna)