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Kosovo sells 10 mln euro of 3-yr T-notes – table

Kosovo sells 10 mln euro of 3-yr T-notes – table Gena96/Shutterstock.com

PRISTINA (Kosovo), October 21 (SeeNews) - Kosovo's finance ministry sold 10 million euro ($11.6 million) worth of three-year Treasury notes at an auction held on Thursday, in line with plan, it said.

The average weighted yield on the government securities increased to 1.66%, compared with 1.54% at the last auction of three-year T-notes held in August, according to figures published by the finance ministry.

The government securities will mature on October 22, 2024.

Details follow:

Auction date October 21 August 13
Amount offered (mln euro) 10 25
Amount sold (mln euro) 10 22.8
Total bids placed (mln euro) 17.4 22.8
Bid-to-cover ratio 1.74 1.00
Maximum accepted rate 1.90% 2.01%
Minimum accepted rate 1.20% 1.25%
Average weighted yield 1.66% 1.54%
Coupon rate 1.60% 1.50%

($ = 0.8590 euro)

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