PRISTINA (Kosovo), May 8 (SeeNews) – Kosovo's finance ministry said on Friday that it sold 10 million euro ($10.83 million) worth of seven-year government bonds at an auction on May 8, in line with its target.
The average weighted yield on the government securities increased to 3.14% from 2.4% at the last auction of seven-year bonds held on August 29, 2019, according to figures published by the finance ministry.
Details follow:
Auction date |
May 8 |
August 29 |
Amount offered (mln euro) |
10 |
15 |
Amount sold (mln euro) |
10 |
15 |
Total bids placed (mln euro) |
16.08 |
27.99 |
Bid-to-cover ratio |
1.61 |
1.87 |
Maximum accepted yield |
3.57% |
2.5% |
Minimum accepted yield |
2.70% |
2.32% |
Average weighted yield |
3.14% |
2.4% |
Coupon rate |
3.10% |
3.20% |
($ = 0.9230 euro)