PRISTINA (Kosovo), July 20 (SeeNews) – Kosovo's finance ministry raised 12 million euro ($14 million) through the sale of three-year Treasury notes, below its 20 million euro target, the central bank said on Friday.
The average weighted yield on the government securities rose to 1.93% at the July 19 auction, from 1.15% at the previous auction of three-year Treasury notes held in April, according to figures posted on the website of Kosovo's central bank.
Details follow:
Auction date |
July 19 |
April 27 |
Amount offered (mln euro) |
20 |
25 |
Amount sold (mln euro) |
12 |
25 |
Total bids placed (mln euro) |
12.5 |
25.85 |
Bid-to-cover ratio |
1.04 |
1.034 |
Maximum accepted yield |
2.60% |
1.30% |
Minimum accepted yield |
1.60% |
0.99% |
Average weighted yield |
1.93% |
1.15% |
Source: Central Bank of Kosovo
($ = 0.85991 euro)