November 25 (SeeNews) - Kosovo's finance ministry sold 10.55 million euro ($11.8 million) worth of five-year Treasury notes at an auction held on Thursday, significantly below its plan, it said.
The average weighted yield on the government securities rose to 2.46%, compared with 2.22% at the last auction of five-year T-notes held on June 30, according to figures published by the finance ministry.
The government securities will mature on November 26, 2026.
Details follow:
Auction date |
November 25 |
June 30 |
Amount offered (mln euro) |
20 |
25 |
Amount sold (mln euro) |
10.55 |
25 |
Total bids placed (mln euro) |
23.9 |
36.25 |
Bid-to-cover ratio |
2.27 |
1.45 |
Maximum accepted rate |
2.63% |
2.36% |
Minimum accepted rate |
2.30% |
2.00% |
Average weighted yield |
2.46% |
2.22% |
Coupon rate |
2.40% |
2.20% |
($ = 0.8912 euro)