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Kosovo sells 15 mln euro in 5-yr T-notes, yield rises - table

Kosovo sells 15 mln euro in 5-yr T-notes, yield rises - table Gena96/Shutterstock.com

PRISTINA (Kosovo), July 4 (SeeNews) - Kosovo raised 15 million euro ($17 million) through the sale of five-year Treasury notes, in line  with target, as demand exceeded supply moderately, the country's central bank said on Tuesday.

The average weighted yield on the securities sold on Monday rose to 1.22% from 0.90% in March.

Details follow:

Auction date July 3 March 30
Amount offered (mln euro) 15 20
Amount sold (mln euro) 15 20
Total bids placed (mln euro) 23.05 44.62
Bid-to-cover ratio 1.54 2.23
Maximum accepted yield 1.60% 1.10%
Minimum accepted yield 0.85% 0.80%
Average weighted yield 1.22% 0.90%

($ = 0.8802 euro)

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