September 30 (SeeNews) - Kosovo's finance ministry sold 10 million euro ($9.8 million) worth of five-year Treasury notes at an auction held on September 29, in line with plan, it said.
The average weighted yield on the government securities stood at 3.30%, unchanged compared with the last auction of five-year T-notes held in August, according to figures published by the finance ministry.
The government securities will mature on September 30, 2027.
Details follow:
Auction date |
September 29 |
August 19 |
Amount offered (mln euro) |
10 |
20 |
Amount sold (mln euro) |
10 |
20 |
Total bids placed (mln euro) |
24.2 |
32.1 |
Bid-to-cover ratio |
2.42 |
1.61 |
Maximum accepted rate |
3.36% |
3.37% |
Minimum accepted rate |
3.16% |
3.15% |
Average weighted yield |
3.30% |
3.30% |
Coupon rate |
3.20% |
3.20% |
($ = 1.01931 euro)