December 1 (SeeNews) - Croatia's Finance Ministry said on Tuesday it sold one-year T-bills worth 51.586 million euro ($77.5 million), above its target offer of 50 million euro, as yields fell to 4.70% from 5.25% achieved in the previous auction held on November 10.
In separate auctions, the ministry also sold one-year, six-month and three-month Treasury bills worth a combined 737 million kuna ($151.5 million/101 million euro), above its target offer of 350 million kuna, the ministry said in a statement.
The kuna-denominated one-year government securities yielded 5.6%, down from 6.2% in the previous auction held on November 10.
Yields on the six-month T-bills was 5.0%, down from 6.2% achieved in previous auction, while the yield on the three-month T-bills fell to 4.25% from 6.25% in the previous auction, the ministry said.
(1 euro = 7.3084 Croatian kuna)