March 13 (SeeNews) - Kosovo's finance ministry sold 17.25 million euro ($18.5 million) worth of two-year Treasury notes at an auction held on March 10, below its 30-million-euro target, it said.
The average weighted yield on the government securities was 2.16%, higher than 1.92% achieved at the previous auction of two-year T-notes held in May 2022, the finance ministry said in a data release on Friday.
The government securities will mature on March 13, 2025.
Details follow:
Auction date |
March 10 |
May 26 |
Amount offered (mln euro) |
30 |
20 |
Amount sold (mln euro) |
17.25 |
11.75 |
Total bids placed (mln euro) |
36.50 |
13.14 |
Bid-to-cover ratio |
2.12 |
1.12 |
Maximum accepted rate |
2.70% |
1.94% |
Minimum accepted rate |
1.95% |
1.41% |
Average weighted yield |
2.16% |
1.92% |
Coupon rate |
2.10% |
1.90% |
($ = 0.932179 euro)