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Kosovo sells 13 mln euro of 1-yr T-bills – table

Kosovo sells 13 mln euro of 1-yr T-bills – table Gena96/Shutterstock.com

PRISTINA (Kosovo), September 14 (SeeNews) - Kosovo's finance ministry sold 13 million euro ($15.4 million) worth of one-year Treasury bills at an auction held on September 13, below plan, it said.

The average weighted yield on the government securities rose to 0.61%, compared with 0.47% at the last auction of one-year T-bills held in June 2019, according to figures published by the finance ministry.

The government securities will mature on September 13, 2022.

Details follow:

Auction date September 13, 2021 June 10, 2019
Amount offered (mln euro) 20 30
Amount sold (mln euro) 13 30
Total bids placed (mln euro) 17.05 44.52
Bid-to-cover ratio 1.3 1.48
Maximum accepted rate 0.73% 0.60%
Minimum accepted rate 0.45% 0.40%
Average weighted yield 0.61% 0.47%

($ = 0.8455 euro)

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