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Croatia to offer 1.0 bln kuna (135 mln euro) of T-bills on August 20

Author Iskra Pavlova
Croatia to offer 1.0 bln kuna (135 mln euro) of T-bills on August 20 Author: Radomir Ralev

ZAGREB (Croatia), August 14 (SeeNews) - Croatia's finance ministry will offer 91-day, 128-day and one-year Treasury bills worth 1.0 billion kuna ($151 million/135 million euro) combined at an auction on August 20, it said

The ministry will offer 100 million kuna worth of 91-day T-bills, 100 million kuna worth of 128-day T-bills and 800 million kuna worth of one-year T-bills, it said in a statement on Tuesday.

The ministry last held an auction of one-year T-bills on June 26 when it sold 965 million kuna worth of government securities, above the 700 million kuna target. The yield on the issue stood at 0.08%, unchanged from the previous one-year T-bill auction held on May 28.

The ministry has held no auctions of 91-day and 128-day T-bills since the beginning of 2019.

(1 euro = 7.38825 kuna)

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