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Kosovo sells 10 mln euro of 7-yr T-notes, yield drops – table

Dec 1, 2017, 2:14:09 PMArticle by Klaudjo Jonuzaj
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PRISTINA (Kosovo), December 1 (SeeNews) – Kosovo has raised 10 million euro ($11.9 million) through the sale of seven-year Treasury notes, on target, according to data from the country's central bank.

Kosovo sells 10 mln euro of 7-yr T-notes, yield drops – table
Gena96/Shutterstock.com

The average weighted yield on the securities sold on Wednesday edged down to 3.22% from 3.27% at the previous auction of seven-year Treasury notes held on August 29, data showed.

Details follow:

Auction date Nov 29 Aug 29
Amount offered (mln euro) 10 10
Amount sold (mln euro) 10 10
Total bids placed (mln euro) 12.62 17.4
Bid-to-cover ratio 1.26 1.74
Maximum accepted yield 3.40% 3.70%
Minimum accepted yield 2.99% 2.88%
Average weighted yield 3.22% 3.27%

($ = 0.84219)

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