Croatia sells euro T-bills, kuna T-bills above target

In a separate auction, the finance ministry sold six-month and one-year T-bills worth total 1.431 billion kuna ($249 million/190 million euro), above its target offer of 800 million kuna, the ministry said in a statement.

The euro-denominated one-year T-bills yielded 2.2%, flat from the previous auction held on November 27 and the three-month T-bills yielded 1.2%, down from 1.5% at the previous auction also held on November 27.

The kuna-denominated six-month T-bills yielded 2.15%, down from 2.5% in the previous auction, while the three-month T-bills yielded 1.25%, down from 1.5% in the previous auction held on November 27.

The kuna-denominated one-year T-bills yielded 2.7%, down from 2.9% at the previous auction held on November 27.

(1 euro = 7.5256 Croatian kuna)