February 5 (SeeNews) - Croatia sold one-year and three-month Treasury bills worth a combined 16.5 million euro ($22.3 million), below its target offer of 25 million euro, the finance ministry said on Tuesday.
In a separate auction, the finance ministry sold three-month, six-month and one-year T-bills worth a total 238 million kuna ($42.5 million/31.4 million euro), short of the initial offer of 250 million kuna, the ministry said in a statement.
The euro-denominated one-year T-bills yielded 1.85%, flat from the previous auction held on January 29. The three-month T-bills yielded 0.75%, down from 0.8% at the previous auction.
The yield on the kuna-denominated three-month T-bills fell to 1.0% from 1.09% at the previous auction on January 29.
The yield on the kuna-denominated six-month T-bills fell to 1.8% from 1.9% at the previous auction.
The kuna-denominated one-year T-bills yielded 2.49%, slightly down from 2.5% on January 29.
(1 euro = 7.5904 Croatian kuna)