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Nov 10, 2009 16:43 EEST
November 10 (SeeNews) - Croatia's Finance Ministry said on Tuesday it sold one-year T-bills worth 25 million euro ($37.5 million), above its target offer of 20 million euro, as yields fell to 5.25% from 5.9% achieved in the previous auction held a week earlier.
In separate auctions, the ministry also sold one-year, six-month and three-month Treasury bills worth a combined 186 million kuna ($38.3 million/25.6 million euro), above its target offer of 140 million kuna, the ministry said in a statement.
The kuna-denominated one-year government securities yielded 6.2%, down from 7.0% in the previous auction, also held on November 3. The yield on the six-month T-bills also was 6.2%, lower than the 7.0% achieved in previous auction, while the yield on the three-month T-bills fell to 6.25% from 6.9% at the previous auction, the ministry said.
(1 euro = 7.2766 Croatian kuna)
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