PRISTINA (Kosovo), October 2 (SeeNews) – Kosovo's finance ministry said on Thursday it raised 15 million euro ($16.6 million) through the sale of seven-year Treasury notes, in line with plan.
The average weighted yield on the government securities sold on August 29 decreased to 2.4% from 4.3% at the last auction of seven-year Treasury notes held in October 1, 2018, data showed.
Details follow:
Auction date |
August 29 |
October 1 |
Amount offered (mln euro) |
15 |
10 |
Amount sold (mln euro) |
15 |
10 |
Total bids placed (mln euro) |
27.99 |
12.46 |
Bid-to-cover ratio |
1.87 |
1.25 |
Maximum accepted yield |
2.5% |
4.63% |
Minimum accepted yield |
2.32% |
4.1% |
Average weighted yield |
2.4% |
4.3% |
($=0.9021 euro)