April 15 (SeeNews) - Croatia's finance ministry said on Thursday it will offer a total of 2.2 billion kuna ($348.5 million/291 million euro) worth of six-month and one-year Treasury bills at two auctions on April 20.
Investors will be offered 200 million kuna worth of six-month T-bills, as well as 2 billion kuna of one-year T-bills, the finance ministry said in a notice.
At the last auctions of one-year and six-month government securities held on March 2, the finance ministry sold 1 billion kuna worth of one-year Treasury bills, in line with target, and 320 million kuna worth of six-month T-bills, above target.
On March 2, the one-year issue yielded 0.02%, down from 0.03% at the last auction of one-year T-bills held on February 23. The six-month issue yielded 0%, down from 0.05% at the last auction of the six-month government paper held on August 20, 2019.
(1 euro = 7.546 kuna)