February 3 (SeeNews) - Croatia's finance ministry will offer three issues of government securities at an auction on February 7, it said on Friday.
On offer are 10 million euro ($11 million) worth of 91-day Treasury bills, 10 million euro worth of 182-day Treasury bills and 200 million euro worth of one-year T-bills, the finance ministry said in a notice for the second auction of government securities since Croatia officially adopted the euro currency on January 1.
The 91-day issue will mature on May 11, the 182-day issue will mature on August 10 and the one-year issue will mature on February 8, 2024.
At the last auction of three-month euro-denominated T-bills held on January 17, the finance ministry raised 15 million euro, at a yield of 2.0%, up from 0.20% at the previous auction of three-month euro-denominated T-bills held on February 23, 2016.
The ministry also sold 23 million euro worth of 182-day T-bills, at a yield of 2.20%. So far, six-month euro-denominated T-bills had not been traded.
It also sold 109.97 million euro worth of one-year T-bills, at a yield of 2.50%, compared to a negative 0.05% in the previous auction of one-year euro-denominated T-bills held on May 17, 2022.
($ = 0.921 euro)