June 15 (SeeNews) - Kosovo's finance ministry sold 17.65 million euro ($18.5 million) worth of five-year Treasury notes at an auction held on June 14, below its plan, it said.
The average weighted yield on the government securities rose to 3.01%, compared with 2.52% at the last auction of five-year T-notes held in March, according to figures published by the finance ministry.
The government securities will mature on June 15, 2027.
Details follow:
Auction date |
June 14 |
March 30 |
Amount offered (mln euro) |
20 |
25 |
Amount sold (mln euro) |
17.65 |
19.8 |
Total bids placed (mln euro) |
19.9 |
22.8 |
Bid-to-cover ratio |
1.13 |
1.15 |
Maximum accepted rate |
3.22% |
2.61% |
Minimum accepted rate |
2.50% |
2.43% |
Average weighted yield |
3.01% |
2.52% |
Coupon rate |
3.00% |
2.50% |
($ = 0.9545 euro)